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518 Tungtex Holdings Co News Story

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Brief: Tungtex Holdings Co says unit shenzhen betu enters into an agreement with purchaser

Dec 7 (Reuters) - Tungtex Holdings Co Ltd  0518.HK  
    * Deal at a consideration of rmb29.3 million 
    * Company is expected to recognize a gain (net of related 
legal costs, taxes and expenses) of approximately rmb2.4 million 
    * Shenzhen Betu, a wholly owned subsidiary of company, 
entered into an agreement with purchaser 
    * Agreement with purchaser for disposal of property 
    * Vendor is Shenzhen Betu 
 
Source text for Eikon:  ID:nHKS1l3J0s  
Further company coverage:  0518.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com ;))

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