Brief: Shunfeng International Clean Energy says unit enters sale and purchase agreement

Shunfeng International Clean Energy

26/08/2016 12:17

Aug 26 (Reuters) - Shunfeng International Clean Energy Ltd  1165.HK : 
 * Discloseable transaction  1165.HK  
 * Deal for consideration of RMB517.4 million 
 * Seller, an indirectly wholly-owned subsidiary of the company, and the purchaser entered into the sale and purchase agreement 
 * Agreement in relation to the proposed disposal 
 * Estimated that there is estimated gain after tax of approximately hk$13.9  million arising from the proposed disposal 
 * Says expected that the proposed disposal will increase the equity attributable to owners of the company 
 
 * Source text for Eikon  ID:nHKS59L1Q3  
 
 * ((Further company coverage:  1165.HK )) 
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