Brief: Transmit Entertainment Says Unit To Sell Entire Stake In Cinema City (WL)
Jan 18 (Reuters) - Transmit Entertainment Ltd 1326.HK :
* UNIT TO SELL, ENTIRE STAKE IN CINEMA CITY (WL) TO MANDARIN
FILM
AND CULTURE DEVELOPMENT
* DEAL FOR HK$108.2 MILLION
* SEES NET GAIN OF ABOUT HK$82 MILLION ON DISPOSAL
Source text for Eikon: ID:nHKS3p2Zd6
Further company coverage: 1326.HK
((Reuters.Briefs@thomsonreuters.com;))
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