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401 — Wanjia group News Story

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Brief: Wanjia says unit entered sale and purchase agreement

Feb 21 (Reuters) - Wanjia Group Holdings Ltd  0401.HK  
    * Vendor, a non wholly-owned subsidiary of Wanjia, and 
purchaser, entered into sale and purchase agreement 
    * Consideration for sale and purchase of sale interest is 
rmb8.4 million 
    * Purchaser, Fujian Lungchang Medical Services agreed to 
acquire and vendor agreed to sell sale interest 
    * Vendor is owned as to 75% by Hui Hao (HK) Group Limited, a 
wholly-owned subsidiary of Wanjia 
    * Wanjia board intends to apply net sale proceeds of 
approximately HK$9.5 million as general working capital 
 
Source text for Eikon:  ID:nHKS8wTwK4  
Further company coverage:  0401.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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