Brief: Jangho Group's Unit To Sell 18.16 Pct Stake In Sundart Holdings For HK$1.49 Bln

Sundart Holdings

28/12/2018 09:27

Dec 28 (Reuters) - Jangho Group Co Ltd  601886.SS :
    * SAYS ITS UNIT REACH GLORY INTERNATIONAL SIGNS AGREEMENT TO
SELL
18.16 PERCENT STAKE IN SUNDART HOLDINGS  1568.HK  FOR HK$1.49
BILLION  ($190.26 million)
    * SAYS REACH GLORY INTERNATIONAL WILL OWN 51.34 PERCENT
STAKE IN
SUNDART HOLDINGS AFTER TRANSACTION

Source text in Chinese: https://bit.ly/2SopZRR
Further company coverage:  601886.SS  1568.HK 

($1 = 7.8315 Hong Kong dollars)

 (Reporting by Hong Kong newsroom)
 ((twinnie.siu@thomsonreuters.com; 852-2841 5763; Reuters
Messaging: twinnie.siu.thomsonreuters.com@reuters.net))