Brief: Neway Group Holdings says unit entered into the sp agreement
14/12/2015 12:10
Dec 14 (Reuters) - Neway Group Holdings Ltd 0055.HK : * Discloseable transaction - disposal of a subsidiary 0055.HK * Says unit entered into the sp agreement * Deal for consideration of hk$25 million * Consideration has been paid in cash * Says expects to record a gain on disposal of approximately hk$2.6 million * Net proceeds will be used to invest in the potential business projects which the group may identify * Source text (http://bit.ly/1Or3z8t) ((For more news, please click here 0055.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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