Brief: Overseas Chinese Town (Asia) Says Unit Disposed Aggregate Of 5.9 Mln Tongcheng-Elong Shares Between Aug 27 And Aug 28

Overseas Chinese Town (Asia) Holdings

31/08/2020 01:38

Aug 31 (Reuters) - Overseas Chinese Town (Asia) Holdings Ltd
 3366.HK :
    * UNIT DISPOSED ON-MARKET AGGREGATE OF 5.9 MILLION
TONGCHENG-ELONG
SHARES IN SERIES OF TRANSACTIONS BETWEEN AUG 27 AND AUG 28
    * AGGREGATE GROSS SALE PROCEEDS FROM DISPOSAL WERE ABOUT
HK$93.7
MILLION
    * GROUP IS EXPECTED TO RECOGNISE A GAIN BEFORE TAXATION OF
ABOUT
RMB18.7 MILLION FROM DISPOSAL

Source text for Eikon:  ID:nHKS3893CP 
Further company coverage:  3366.HK 

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