Brief: Shanghai Industrial Urban Development Announces Disposal Of Entire Stake In Fine Mark Investment
17/04/2018 15:36
April 17 (Reuters) - Shanghai Industrial Urban Development
Group Ltd 0563.HK :
* UNIT TO SELL FINE MARK INVESTMENT FOR RMB120.75 MILLION
AND
ASSIGN OUTSTANDING LOANS OF RMB56 MILLION
* UNIT TO SELL FINE MARK INVESTMENT TO HONGKONG RUIMIN
INVESTMENT
* EXPECTED THAT GROUP WOULD RECORD A GAIN OF RMB108.7
MILLION ON
DISPOSAL
Source text for Eikon: urn:newsml:reuters.com:*:nHKS4Tz0y0
Further company coverage: 0563.HK
((Reuters.Briefs@thomsonreuters.com;))
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