Brief: Shenyang Public Utility Announces Transaction For Disposal Of Chaozhou Jiafu Packaging Materials Co
19/04/2021 16:10
April 19 (Reuters) - Shenyang Public Utility Holdings Co Ltd
0747.HK :
* TRANSACTION FOR DISPOSAL OF 90% STAKE IN CHAOZHOU JIAFU
PACKAGING MATERIALS CO
* LIU JUNYONG TO SELL OTHER 10% IN CHAOZHOU JIAFU PACKAGING
MATERIALS CO
* TOTAL CONSIDERATION FOR ENTIRE EQUITY INTEREST IS RMB18.1
MILLION
* EXPECTED TO RECOGNISE A GAIN OF ABOUT RMB11.5 MILLION FROM
DISPOSAL
Source text for Eikon: ID:nHKS8gbs4C
Further company coverage: 0747.HK
((Reuters.Briefs@thomsonreuters.com;))
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