Brief: Town Health International Medical Group updates on disposal of target and resignation of executive director
30/12/2016 13:01
Dec 30 (Reuters) - Town Health International Medical Group
Ltd 3886.HK
* Vendor has conditionally agreed to sell, and purchaser has
conditionally agreed to acquire, sale shares
* Deal at consideration of hk$430 million
* Ip Chun Heng, Wilson resigned as an executive director
* Expected that group will record an unaudited accounting
gain of approximately hk$15 million as a result of disposal
* Ooasis beauty as vendor, profit castle as purchaser and
dr. Ip as guarantor entered into sp agreement
Source text for Eikon: ID:nHKS1zmqym
Further company coverage: 3886.HK
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