Brief: Jinhui Holdings Co says unit enters agreement to dispose of the vessel

Jinhui Holdings

05/04/2017 10:21

April 5 (Reuters) - Jinhui Holdings Co Ltd  0137.HK  
    * Vendor, a unit of co, entered into agreement with 
purchaser to dispose of the vessel 
    * Group would realize a book gain of about hk$1.7 million on 
disposal 
    * Consideration of vessel is us$15 million 
    * Intends to use about 75 percent of net proceeds for 
repayment of vessel mortgage loan 
 
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Further company coverage:  0137.HK  
 
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