Brief: Luen Thai Holdings Says Unit To Dispose 50% Of Sunrise Luen Thai Textile Jsc
06/09/2018 05:18
Sept 6 (Reuters) - Luen Thai Holdings Ltd 0311.HK :
* ANNOUNCES DISPOSAL OF 50% OF SUNRISE LUEN THAI TEXTILE JSC
FOR
US$4.3 MILLION
* UNIT TO SELL 50% STAKE TO SUNRISE (SHENGZHOU) KNITS CO.
* SEES ESTIMATED UNAUDITED GAIN OF ABOUT $1.5 MILLION UPON
COMPLETION OF DISPOSAL
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