Brief: Labixiaoxin Snacks Group Announces Disposal Of Tianjin Huakunda Supply Chain Management
27/07/2020 16:09
July 27 (Reuters) - Labixiaoxin Snacks Group Ltd 1262.HK :
* LUCKY GAMMA OFFSHORE HOLDINGS (HK) TO ACQUIRE TIANJIN
HUAKUNDA
SUPPLY CHAIN MANAGEMENT CO
* ESTIMATED CONSIDERATION OF DEAL RMB288.4 MILLION
* ESTIMETED THAT GROUP WILL RECORD AN UNAUDITED GAIN OF
ABOUT
RMB109.7 MILLION
* PART OF PROCEEDS OF INTER-COMPANY LOAN TO BE USED TO REPAY
OUTSTANDING LOAN OF ABOUT RMB44.4 MILLION
Source text https://bit.ly/2Ep4QEZ
Further company coverage: 1262.HK
((Reuters.Briefs@thomsonreuters.com;))
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