Brief: Johnson Electric To Dispose Entire Issued Share Capital In Unit For HK$948 Mln
July 29 (Reuters) - Johnson Electric Holdings Ltd 0179.HK :
* ANNOUNCES DISPOSAL OF ENTIRE ISSUED SHARE CAPITAL IN UNIT
FOR
HK$948 MILLION
* AS A RESULT OF DISPOSAL, GROUP WILL REPORT AN ESTIMATED
NET GAIN
OF ABOUT HK$320 MILLION
Source text for Eikon: ID:nHKS2LlKYZ
Further company coverage: 0179.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Johnson Electric Holdings
See all newsJohnson Electric drops most in 39 years on weak earnings outlook
Brief: Johnson Electric Expects Profit Attributable $50 Million-$58 Million For Six Months Ended Sept 30
Brief: Johnson Electric Expects Full-Year Profit Of $207-$197 Million, Down 21%-25%
Brief: Johnson Electric Posts Sales For Nine Months $2,726 Million
Brief: Johnson Electric Posts Group's Sales For 3 Months Ended 30 June US$915 Million