Brief: Safety Godown enters sale and purchase agreement in respect of a disposal
18/07/2017 15:45
July 18 (Reuters) - Safety Godown Co Ltd 0237.HK :
* Company and Lin Tsz Fun entered into sale and purchase
agreement in respect of disposal
* Expected that upon completion, loss from disposal of about
HK$18 million attributable to group's FY reported profit would
be recognised
* HK$176.4 million, shall be paid by Lin Tsz Fung to company
on completion of deal
Source text for Eikon: ID:nHKS2txt5f
Further company coverage: 0237.HK
((Bangalore.newsroom@thomsonreuters.com;))
Recent news on Safety Godown
See all newsBrief: Safety Godown Co Announces Formation Of Joint Venture For Property Investment Project
Brief: Safety Godown Appoints Lu Wing Yee, Wayne As Chairman
Brief: Safety Godown Posts FY Net Loss Of HK$265.5 Mln
Brief: Safety Godown Expects FY Loss Before Tax Of Not More Than HK$260 Million
Brief: Safety Godown Posts Interim Dividend HK3 Cents Per Share