Brief: Overseas Chinese Town (Asia) Says Unit To Sell 50.99% Interest In Chengdu Tianfu Oct Industry Development Co.
Sept 4 (Reuters) - Overseas Chinese Town (Asia) Holdings Ltd
3366.HK :
* UNIT TO SELL 50.99% INTEREST IN CHENGDU TIANFU OCT
INDUSTRY
DEVELOPMENT CO.
* OCT CHENGDU INVESTMENT TO TAKE UP DEBT OWED BY CHENGDU
TIANFU
OCT INDUSTRY DEVELOPMENT TO BANTIX INTERNATIONAL
* AGGREGATE VALUE OF CONSIDERATION RMB1.25 BILLION
* UPON COMPLETION, GROUP WILL NOT HOLD ANY INTEREST IN
CHENGDU
TIANFU OCT INDUSTRY DEVELOPMENT CO.
Source text for Eikon: ID:nHKS9V5B6Y
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