Brief: Safety Godown says unit and purchaser entered into the sale and purchase agreement
11/11/2015 14:26
Nov 11 (Reuters) - Safety Godown Co Ltd 0237.HK : * Vendor, a wholly-owned subsidiary of the company, and the purchaser entered into the sale and purchase agreement * Pursuant to agreement purchaser has agreed to acquire property for consideration of hk$1.55 billion * Expected that co will realise a gain from the disposal of approximately hk$670 million * Intends to apply net sale proceeds from the disposal in future investments of the group * Source text for Eikon ID:nHKS3hWx2M ((For more news, please click here 0237.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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