Brief: Hopewell Holdings' Unit to Sell 66.69 Pct Stake In HHI For HK$9.87 Bln

Shenzhen Investment Holdings Bay Area Development

29/12/2017 09:45

Dec 29 (Reuters) - Hopewell Holdings Ltd  0054.HK : 
    * UNIT TO SELL 66.69% STAKE IN HOPEWELL HIGHWAY 
INFRASTRUCTURE 
FOR HK$4.80 PER HHI SHARE 
    * UNIT TO SELL 66.69% STAKE IN HHI FOR HK$9.87 BILLION TO 
SHENZHEN INVESTMENT INTERNATIONAL CAPITAL HOLDINGS 
INFRASTRUCTURE 
    * UPON COMPLETION, GROUP EXPECTS TO RECOGNISE A NET GAIN OF 
ABOUT 
HK$4,921 MILLION 
 
Source text for Eikon:  ID:nHKS3ck18T  
Further company coverage:  0054.HK  
 
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