Brief: Merchant House International Announces Disposal Of Carsan Manufacturing

Merchant House International

16/04/2021 02:33

April 16 (Reuters) - Merchant House International Ltd
 MHI.AX :
    * MERCHANT HOUSE INTERNATIONAL LTD - DISPOSAL OF CARSAN
MANUFACTURING-MHI.AX
    * MERCHANT HOUSE INTERNATIONAL LTD -  AGREED TO DISPOSE OF
CARSAN
(SHUNDE) MANUFACTURING CO LTD
    * MERCHANT HOUSE INTERNATIONAL LTD- STAFF TERMINATIONS AND
OUTSTANDING VENDOR PAYMENTS WILL COMPRISE US$3.8 MILLION FROM
SALE PROCEEDS
    * MERCHANT HOUSE INTERNATIONAL LTD - AGREEMENT HAS BEEN
EXECUTED
WITH FOSHAN XIONGYING LOGISITICS WHEREBY XIONGYING ACQUIRES
CARSAN FOR RMB135 MILLION

Source text for Eikon:  ID:nASXccLvh4 
Further company coverage:  MHI.AX 

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