Brief: Sinofortune Financial Holdings Announces Disposal Of Sinofortune Securities
20/12/2019 10:25
Dec 20 (Reuters) - Sinofortune Financial Holdings Ltd
8123.HK :
* SINOFORTUNE FINANCIAL HOLDINGS LTD ANNOUNCES DISPOSAL OF
ENTIRE
ISSUED SHARE CAPITAL IN AND SUBORDINATED LOAN TO SINOFORTUNE
SECURITIES LIMITED
* CO IS EXPECTED TO BOOK A PROFIT IN AMOUNT OF ABOUT HK$5
MILLION
IN RESPECT OF DISPOSAL
* CONSIDERATION FOR SALE SHARES AND SUBORDINATED LOAN IS
HK$5.7
MILLION PLUS NET ASSET VALUE
Source text for Eikon: urn:newsml:reuters.com:*:nHKS457XW
Further company coverage: 8123.HK
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