Brief: Lippo Ltd Announces Disposal Of 20% Interest In Macau Chinese Bank Limited

Hongkong Chinese

30/09/2020 11:35

Sept 30 (Reuters) - Lippo Ltd  0226.HK :
    * ANNOUNCES DISPOSAL OF 20% INTEREST IN MACAU CHINESE BANK
LIMITED
    * WINWISE HOLDINGS SOLD 780,000 MCB SHARES FOR ABOUT
HK$312.6
MILLION
    * ESTIMATES THAT HKC GROUP WOULD RECORD NON-RECURRING GAIN
FROM
DISPOSAL OF HK$135.7 MILLION FOR 9 MONTHS ENDING 31 DEC
    * ESTIMATED LIPPO GROUP WOULD RECORD NON-RECURRING GAIN FROM
DISPOSAL OF ABOUT HK$100.3 MILLION
    * APPLICATIONS MADE BY LIPPO AND HKC FOR RESUMPTION OF
TRADING IN
LIPPO SHARES AND HKC SHARES FROM 1 PM ON 30 SEPT

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS4DF5zt
Further company coverage:  0226.HK 

 ((Reuters.Briefs@thomsonreuters.com;))