Brief: SY Holdings Says SY Factoring Agreed To Dispose Of Accounts Receivable
16/11/2023 10:35
Nov 16 (Reuters) - SY Holdings Group Ltd 6069.HK :
* SY FACTORING AGREED TO DISPOSE OF ACCOUNTS RECEIVABLE
* DEAL FOR RMB79.7 MILLION
* BOOK VALUE OF ACCOUNTS RECEIVABLE WAS APPROXIMATELY
RMB75.6
MILLION
* EXPECTS CO TO RECORD GAIN OF AROUND RMB3.8 MILLION FOR
DISPOSAL
AGREEMENT
Further company coverage: 6069.HK
((Reuters.Briefs@thomsonreuters.com;))
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