Brief: Road King Infrastructure Says Disposal Of Interest In Joint Venture

Road King Infrastructure

15/12/2022 10:26

Dec 15 (Reuters) - Road King Infrastructure  1098.HK :
    * DISPOSAL OF INTEREST IN A JOINT VENTURE
    * UNIT, HANGZHOU XIAOTENG ENTERED EXIT AGREEMENT TO UNWIND
JOINT
VENTURE FOR HANGZHOU PROJECT
    * ESTIMATES THAT IT WILL RECOGNISE NET LOSS OF RMB1.8
MILLION AS
RESULT OF DISPOSAL FOR YEAR
    * DISPOSAL FOR TOTAL CONSIDERATION OF RMB180.3 MILLION

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