Brief: Viva China Announces Sale Of Stake In Li Ning Co Ltd

Viva Goods

24/03/2019 23:11

March 25 (Reuters) - Viva China Holdings Ltd  8032.HK :
    * ANNOUNCES SALE OF 6.8% STAKE IN LI NING COMPANY LIMITED BY
WAY
OF PLACING
    * NET PROCEEDS FROM PLACING WILL BE ABOUT HK$1,717.2 MILLION
    * UNIT TO SELL 148.0 MILLION SHARES HELD BY IT IN LI NING AT
PRICE
OF HK$11.72 PER SALE SHARE

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS6SVt8n
Further company coverage:  8032.HK 

 (Reuters.Briefs@thomsonreuters.com)