Brief: Silverlake Axis announces Sale Of Shares In Global Infotech Co. Ltd
07/12/2016 10:08
Dec 7 (Reuters) - Silverlake Axis Ltd SLVX.SI
* Sale shares were sold, pursuant to the block trade, for an
aggregate cash consideration of rmb144.44 million
* Estimates a gain of approximately rm70.56 million on
disposal
* SAL intends to utilise proceeds from disposal for special
dividends, reduction of borrowings and/or other business
opportunities
* Company has sold 3,800,000 GIT shares and 3,000,000 GIT
shares on 6 december 2016 and 7 december 2016 respectively,
Source text for Eikon: urn:newsml:reuters.com:*:nSNZ9kMktg
Further company coverage: SLVX.SI
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