Brief: Silverlake Axis Ltd sells shares of Global Infotech Co.
22/02/2017 23:56
Feb 23 (Reuters) - Silverlake Axis Ltd:
* Sale Of Shares In Global Infotech Co. Ltd
* Sale shares were sold, pursuant to aforesaid block trade,
for an aggregate cash consideration of RMB86.82 million
* Estimate a gain of approximately RMB40.23 million on
disposal.
* Company intends to utilise proceeds from disposal for
general working capital purposes, special dividends, reduction
of borrowings
Source text for Eikon: urn:newsml:reuters.com:*:nSNZXfCkN
Further company coverage: SLVX.SI
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