Brief: Glory Sun Financial Says Shenzhen Baoxin Industrial To Sell Entire Stake In Shenzhen Xinhengchuang Industrial
21/07/2021 02:42
July 21 (Reuters) - Glory Sun Financial Group Ltd 1282.HK :
* SHENZHEN BAOXIN INDUSTRIAL GROUP TO SELL ENTIRE STAKE IN
SHENZHEN XINHENGCHUANG INDUSTRIAL CO TO SHENZHEN XINLUTONG
INDUSTRIAL
* DEAL FOR CONSIDERATION OF RMB300 MILLION
* GLORY SUN LAND GROUP AND CO WILL RECORD A PRELIMINARY NET
GAIN
ON DISPOSAL OF ABOUT HK$346 MILLION AND HK$352 MILLION
Source text for Eikon: ID:nHKSbFNWcm
Further company coverage: 1282.HK
((Reuters.Briefs@thomsonreuters.com;))
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