Brief: Newton Resources Announces Disposal Of Entire Issued Share Capital In Venca Investments Ltd
31/12/2019 12:47
Dec 31 (Reuters) - Newton Resources Ltd 1231.HK :
* ANNOUNCES DISPOSAL OF ENTIRE ISSUED SHARE CAPITAL IN VENCA
INVESTMENTS LTD
* ACCORD HERO TO BUY 1,000 SHARES OF US$1 EACH IN SHARE
CAPITAL OF
VENCA INVESTMENTS & LOAN OWED TO CO BY VENCA FOR HK$109 MILLION
* EXPECTED THAT GROUP WILL RECORD AN IMPAIRMENT LOSS OF
ABOUT
RMB24.7 MILLION AFTER DISPOSAL
Source text for Eikon: urn:newsml:reuters.com:*:nHKS3GvQgb
Further company coverage: 1231.HK
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