Brief: China Aoyuan Says Unit To Sell 29.9% Shares Of Aoyuan Healthy Life

Starjoy Wellness and Travel

16/02/2023 15:16

Feb 16 (Reuters) - 
    China Aoyuan Group Ltd  3883.HK :
    * UNIT TO SELL 29.9% SHARES OF AOYUAN HEALTHY LIFE FOR
HK$256
MILLION
    * GROUP WILL REALISE AN ESTIMATED LOSS OF HK$44.8 MILLION
FROM
DISPOSAL
    * UNIT TO SELL SHARES TO BEST DISCOVERY INTERNATIONAL
LIMITED
    * NET PROCEEDS FROM DISPOSAL ARE INTENDED TO BE APPLIED FOR
REDUCING GROUP'S INDEBTEDNESS

Further company coverage:  3662.HK 
 ((Reuters.Briefs@thomsonreuters.com;))