Brief: Kingmaker Footwear updates on disposal of a subsidiary

Kingmaker Footwear Holdings

28/12/2016 14:02

Dec 28 (Reuters) - Kingmaker Footwear Holdings Ltd  1170.HK  
    * Purchaser and vendor, an indirect wholly-owned subsidiary 
of company, entered into sale and purchase agreement 
    * Deal at consideration of rmb168 million 
    * Expects to recognize, after transaction costs, a gain of 
approximately hk$100 million from disposal 
 
Source text for Eikon:  ID:nHKS1bWPLz  
Further company coverage:  1170.HK  
 
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