Brief: Qeeka Home (Cayman) Says Unit Entered Into Equity Transfer Framework Agreement With Chengjia Shanghai

Qeeka Home (Cayman)

30/10/2019 12:48

Oct 30 (Reuters) - Qeeka Home (Cayman) Inc  1739.HK :
    * UNIT ENTERED INTO EQUITY TRANSFER FRAMEWORK AGREEMENT WITH
CHENGJIA SHANGHAI
    * AGREEMENT WILL RESULT IN INDIRECT TRANSFER OF AN AGGREGATE
OF
70% EQUITY INTEREST IN SHANGHAI JINJIE TO CHENGJIA SHANGHAI
    * TOTAL CONSIDERATION OF TRANSFER IS RMB303.9 MILLION
    * GROUP WILL REALIZE A GROSS GAIN OF ABOUT RMB79 MILLION
FROM
DISPOSAL

Source text for Eikon:  ID:nHKSfXZm2 
Further company coverage:  1739.HK 

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