Brief: Television Broadcasts Ltd updates on disposal of property
29/07/2016 10:24
July 29 (Reuters) - Television Broadcasts Ltd 0511.HK : * Discloseable transaction - disposal of property 0511.HK * Liann Yee Asset has agreed to dispose of the property to the purchaser at the consideration of NT$4 billion * Net proceeds from disposal will be used by group as general working capital and for maintenance co's steady dividend policy * Says group will realise a gain from the disposal of approximately NT$1.15 billion * Says unit liann yee asset has entered into the agreement with liann yee production co in relation to disposal * Source text for Eikon ID:nHKS3n7XYY ((For more news, please click here 0511.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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