Brief: Overseas Chinese Town (Asia) to dispose 51% of issued share capital of Capital Converge

Overseas Chinese Town (Asia) Holdings

13/11/2017 22:20

Nov 14 (Reuters) - Overseas Chinese Town (Asia) Holdings Ltd 
 3366.HK  
    * To dispose 51% of issued share capital of capital converge 
holdings limited 
    * Deal for RMB1.40 billion 
    * Estimated that group will record a net gain of 
approximately 
RMB687 million from disposal 
    * Net proceeds from disposal estimated to be about RMB 
1,394 
million 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS8RhBPd 
Further company coverage:  3366.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))