Brief: Styland Holdings Announces Disposal Of Certain Equity Interests In A Subsidiary
06/12/2017 14:28
Dec 6 (Reuters) - Styland Holdings Ltd 0211.HK :
* UNIT TOGETHER WITH OTHER BRIGHTEN SHAREHOLDERS, EC ASSETS
MANAGEMENT & CLNT ENTERED CONDITIONAL LETTER AGREEMENT
* CONDITIONAL LETTER AGREEMENT TO DISPOSAL IN EXCHANGE OF
CLNT
CONSIDERATION SHARES & PROMISSORY NOTE
* CONSIDERATION FOR DISPOSAL IS US$9 MILLION
* GROUP WILL RECORD A GAIN ON DISPOSAL OF ABOUT HK$70
MILLION
Source text for Eikon: urn:newsml:reuters.com:*:nHKS3cSsBs
Further company coverage: 0211.HK
((Bangalore.newsroom@thomsonreuters.com;))
Recent news on Styland Holdings
See all newsBrief: Styland Says It Expects FY2026 Loss Of HK$34.9 Million
Brief: Styland Says Unit Subscribes For Fund Shares For Total Subscription Amount Of US$3.4 Million
Brief: Styland Expects Loss Of HK$9.6 Million For Half Year
Brief: Styland Holdings Expects Loss Of HK$58.3 Million For FY2025
Brief: Styland Holdings Says Unit Fined Hk$3 Million For Listing Application First Submitted In 2016