Brief: Neo Telemedia says co entered into an SP agreement

Neo Telemedia

25/02/2016 14:05

Feb 25 (Reuters) - Neo Telemedia Ltd  8167.HK : 
 * Discloseable transaction disposal of the entire equity interest of HCH Investments Limited  8167.HK  
 * Company as the vendor, the purchaser and the guarantor as guarantor entered into the SP agreement 
 * Says to purchase the sale shares at a consideration of HK$156 million 
 * Says consideration for the disposal will be payable in full in cash 
 * Application made to the stock exchange for resumption of trading in shares with effect from 9:00 a.m. on 26 February 2016 
 * The group is expected to record a gain on disposal of approximately hk$141.5 million 
 
 * Source text for Eikon  ID:nHKS1qK15M  
 
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