Brief: Sunfonda Group's Five Units To Sell Shaanxi Zewang Industrial Development Co To Unit Of Country Garden Holdings
July 16 (Reuters) - Sunfonda Group Holdings Ltd 1771.HK :
* UNIT DISPOSE 100% EQUITY INTERESTS IN SHAANXI ZEWANG
INDUSTRIAL
DEVELOPMENT CO FOR RMB154.864 MILLION
* GROUP EXPECTED THAT DISPOSAL WILL GENERATE (BEFORE TAX) AN
UNAUDITED GAIN OF ABOUT RMB144.864 MILLION
* UNITS OF CO TO DISPOSE STAKE IN SHAANXI ZEWANG INDUSTRIAL
DEVELOPMENT CO TO UNIT OF COUNTRY GARDEN HOLDINGS CO
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