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Brief: Lai Sun Development Co Announces Disposal Of Stake In Certain Units

Jan 2 (Reuters) - Lai Sun Development Co Ltd  0488.HK :
    * CHINA CINDA (HK) ASSET MANAGEMENT CO  TO ACQUIRE THREE GSL
SALE
SHARES FROM ROSY COMMERCE AT USD EQUIVALENT OF RMB7 MILLION
    * CHINA CINDA (HK) ASSET MANAGEMENT TO SUBSCRIBE 27 GSL
SHARES AT
AGGREGATE SUBSCRIPTION PRICE OF ABOUT RMB50 MILLION

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS5VBgGq
Further company coverage:  0488.HK 

 ((Reuters.Briefs@thomsonreuters.com;))

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