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829 — Shenguan Holdings (Group) News Story

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Brief: Shenguan Holdings (Group) says unit enters equity transfer agreement with Guangxi Shenguan

March 13 (Reuters) - Shenguan Holdings (Group) Ltd  0829.HK  
    * Wuzhou Shenguan (a wholly-owned subsidiary of company) 
entered into equity transfer agreement with Guangxi Shenguan 
    * Guangxi Shenguan to dispose of and wuzhou shenguan to 
acquire 5% equity interest of Ferguson Wuhan at a consideration 
of rmb13.4 million 
    * Ferguson Wuhan will be owned as to 40%, 20%, 20% and 20% 
by Guangxi Shenguan, Gobitech Limited, Guangxi Guan Yu and 
Wuzhou Shenguan 
 
Source text for Eikon:  ID:nHKS1WDmZj  
Further company coverage:  0829.HK  
 
 (bangalore.newsroom@thomsonreuters.com)

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