Brief: Singamas Container Says Unit $ Modex Shareholders To Sell Modex At U$95.1 Mln

Singamas Container Holdings

29/07/2021 01:02

July 29 (Reuters) - Singamas Container Holdings Ltd
 0716.HK :
    * UNIT AND MODEX SHAREHOLDERS TO SELL MODEX TO OEG GROUP AT
A
TOTAL CONSIDERATION OF USD95.1 MILLION IN CASH
    * ON DISPOSAL, COMPANY WOULD RECOGNISE A GAIN OF ABOUT USD7
MILLION

Source text for Eikon:  ID:nHKS42890w 
Further company coverage:  0716.HK 

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