Brief: Oshidori International Disposes 138.2 Mln China Evergrande New Energy Vehicle Shares

Oshidori International Holdings

30/09/2021 16:11

Sept 30 (Reuters) - Oshidori International Holdings Ltd  0622.HK :
    * OSHIDORI INTERNATIONAL - REVENUE WOULD TURN FROM POSITIVE OF HK$280
MILLION FOR
YEAR ENDED 31 DEC 2020, INTO NEGATIVE FOR YEAR ENDING 31 DEC 2021
    * OSHIDORI INTERNATIONAL HOLDINGS LTD - EXPECTED RESULT DUE TO FINANCIAL
EFFECTS
OF DISPOSALS
    * OSHIDORI INTERNATIONAL - CONDUCTED SERIES OF ON-MARKET TRANSACTIONS TO
DISPOSE
OF AGGREGATE OF 138.2 MILLION CHINA EVERGRANDE NEW ENERGY VEHICLE SHARES
    * OSHIDORI INTERNATIONAL - DISPOSAL IN RANGE OF AVERAGE DAILY PRICE BETWEEN
HK$1.87 & HK$3.35 PER EVERGRANDE VEHICLE SHARE AT CONSIDERATION OF HK$332
MILLION
    * OSHIDORI INTERNATIONAL - DISPOSALS CONDUCTED  DURING PERIOD FROM 27
SEPTEMBER
2021 TO 30 SEPTEMBER 2021

Source text for Eikon:  ID:nHKSbThhXc 
Further company coverage:  0622.HK 

 ((Reuters.Briefs@thomsonreuters.com;))