Brief: Overseas Chinese Town (Asia) Holdings' Unit Disposed 57.3 Mln Shares Of Tianli Education International Holdings
Dec 20 (Reuters) - Overseas Chinese Town (Asia) Holdings Ltd
3366.HK :
* UNIT DISPOSED 57.3 MILLION SHARES OF TIANLI EDUCATION
INTERNATIONAL HOLDINGS BETWEEN 7 NOV TO 20 DEC
* AGGREGATE GROSS SALE PROCEEDS FROM DISPOSALS ABOUT
HK$178.9
MILLION
* GROUP IS EXPECTED TO RECOGNISE A NET GAIN OF ABOUT HK$26.4
MILLION POST DISPOSAL
* OAVERAGE SELLING PRICE OF HK$3.12 PER TIANLI SHARE
Source text for Eikon: urn:newsml:reuters.com:*:nHKS53Cdk9
Further company coverage: 3366.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Overseas Chinese Town (Asia) Holdings
See all newsBrief: Overseas Chinese Town (Asia) Unit To Dispose Of 100% Of Oct (Changshu) Investment
Brief: Overseas Chinese Town (Asia) To Dispose 100% Equity Interests In Oct (Changshu) Industry
Brief: Overseas Chinese Town (Asia) Intends To Dispose 100% Equity In OCT (Changshu) Industry Via Public Tender
Brief: Overseas Chinese Town (Asia) Says Unit To Dispose 100% Stake In Oct (Huizhou) Via Public Tender
Brief: Overseas Chinese Town (Asia) Holdings Intends To Dispose 100% Equity Interests In Oct (Huizhou) Via Public Tender