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585 — Imagi International Holdings News Story

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Brief: Imagi International says on 7 March, entered into disposal agreement

March 8 (Reuters) - Imagi International Holdings Ltd  0585.HK : 
 * On 7 March, 2016 the vendor and the purchaser entered into the disposal agreement 
 * Deal for the consideration of hk$25 million 
 * Consideration of hk$25 million shall be payable in cash by the purchaser 
 * Expected that the disposal will generate net proceeds of hk$24.8 million after deducting all relevant expenses 
 * Unaudited net loss to the company as a result of the disposal is estimated to be approximately hk$65 million 
 * Source text for Eikon  ID:nHKS7z0T5z  
 
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