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8179 Palinda group News Story

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Brief: Food Idea says unit disposes 3 mln CCB shares

Aug 24 (Reuters) - Food Idea Holdings Ltd  8179.HK : 
 
 * Unit disposed on-market a total of 3 mln CCB shares for gross sale proceeds of approximately HK$17.22 million  
 * Food Idea-discloseable transaction for disposal of listed securities 
 * Says expected to recognise a gain of approximately HK$2.03 million 
 * Says group intends to use proceeds of the disposal for other investment purpose 
 * Source text for Eikon  ID:nHKS46B1gk  
 
 ((Further company coverage:  8179.HK )) 
 ((Bangalore.newsroom@thomsonreuters.com))

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