Brief: Food Idea Holdings updates on disposal agreement

Palinda group

10/03/2016 11:24

March 10 (Reuters) - Food Idea Holdings Ltd  8179.HK : 
 * Says the company, as vendor, entered into the sale and purchase agreement with the purchasers 
 * Deal for hk$49 million 
 * Upon completion, co will not hold any interest in the target company 
 * Expected that an unaudited loss on the disposal of approximately hk$1.03 million will be recognised from the disposal 
 * Source text for Eikon  ID:nHKS5S91sQ  
 
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