Brief: Sinotrans Ltd Says Unit To Sell Non-Current Assets Of Qichun Branch Office Of Unit
Aug 24 (Reuters) - Sinotrans Ltd 0598.HK :
* UNIT TO SELL AND CSC BULK SHIPPING TO BUY ALL NON-CURRENT
ASSETS
OF QICHUN BRANCH OFFICE OF CHINA MERCHANTS LOGISTICS FOR RMB52.7
MILLION
* CO IS EXPECTED TO RECORD GAIN OF NO MORE THAN ABOUT RMB1.9
MILLION FROM DISPOSAL
Source text for Eikon: ID:nHKS6xytj7
Further company coverage: 0598.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Sinotrans
See all newsBrief: Sinotrans Q3 Net Profit Up 29.9% Y/Y
Brief: Sinotrans H1 Net Profit Down 11.4% Y/Y
Brief: Sinotrans Says International Finance Company To Provide Series Of Overseas Financial Services
Brief: Sinotrans Q3 Net Profit Down 16.8% Y/Y
Brief: Mubadala Joins Trustar Capital, Fountainvest, Sinotrans As Strategic Shareholders In Loscam