Brief: Huarong International Financial Holdings Says Unit Agreed To Dispose Option Best Holdings Ltd

XinKong International Capital Holdings

29/07/2019 16:09

July 29 (Reuters) - Huarong International Financial Holdings
Ltd  0993.HK :
    * UNIT AGREED TO SELL SALE SHARES AND SALE LOAN OF OPTION
BEST
HOLDINGS LIMITED TO  CHINA JINXIN FINANCE INC
    * SALE SHARES ARE 100 SHARES OF US$1 EACH & CARRYING AMOUNT
OF
SALE LOAN AS AT 30 JUNE 2019 IS ABOUT HK$353.2 MILLION
    * GROUP EXPECTS TO RECOGNIZE A NET GAIN OF ABOUT HK$69.5
MILLION
FROM DISPOSAL

Source text for Eikon:  ID:nHKS6XbbW5 
Further company coverage:  0993.HK 

 ((Reuters.Briefs@thomsonreuters.com;))