Brief: Kong Sun Holdings Announces Disposal Agreements

Kong Sun Holdings

02/11/2021 11:59

Nov 2 (Reuters) - Kong Sun Holdings Ltd  0295.HK :
    * UNITS, XINHUA ELECTRICITY DEVELOPMENT INVESTMENT, & 7
PROJECT
COMPANIES ENTERED DISPOSAL AGREEMENTS
    * DISPOSAL FOR CONSIDERATION OF ABOUT RMB242.1 MILLION
    * KONG SUN YONGTAI OR XINJIANG CHENGSHI TO SELL RESPECTIVE
STAKES
IN 7 COS WHICH HOLD 7 SOLAR POWER PROJECTS
    * EXPECTED THAT GROUP WILL REALISE A NET LOSS ON DISPOSALS
OF NOT
MORE THAN ABOUT RMB96.5 MILLION

Source text for Eikon:  ID:nHKS1YwMp9 
Further company coverage:  0295.HK 

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