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8268 Smart City Development Holdings News Story

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Brief: Huisheng International Holdings Announces Disposal Of Simple Rise Inc

March 11 (Reuters) - Huisheng International Holdings Ltd
 1340.HK :
    * ANNOUNCES DISPOSAL OF ENTIRE ISSUED SHARE CAPITAL OF
SIMPLE RISE
INC.
    * CO TO SELL SALE SHARES AND SALE DEBT FOR A CASH
CONSIDERATION OF
HK$19.5 MILLION
    * EXPECTED TO RECORD AN UNAUDITED GAIN ON DISPOSAL OF ABOUT
RMB1.9
MILLION

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS9vH2RB
Further company coverage:  1340.HK 

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

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