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    716 — Singamas Container Holdings News Story

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    Brief: Singamas Container Announces Disposal Of Qidong Singamas, Qingdao Pacific, Among Others

    Picture of Singamas Container Holdings logoSingamas Container Holdings
    06/05/2019 10:25
    May 6 (Reuters) - Singamas Container Holdings Ltd  0716.HK :
    * SINGAMAS CONTAINER ANNOUNCES DISPOSAL OF QIDONG SINGAMAS,
QINGDAO PACIFIC, NINGBO PACIFIC, SINGAMAS CONTAINER (SHANGHAI)
AND QIDONG PACIFIC
    * DEAL FOR RMB3,800 MILLION IN CASH
    * WILL RECORD A LOSS OF APPROXIMATELY US$15 MILLION FROM
DISPOSAL
    * CO TO SELL TARGET COS TO COSCO SHIPPING FINANCIAL HOLDINGS

Source text for Eikon:  ID:nHKS7qJCbN 
Further company coverage:  0716.HK 

 ((Reuters.Briefs@thomsonreuters.com;))

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