Brief: Xin Yuan Enterprises Group Says Fortune Harvest To Sell 116 Million Shares Of Co
12/08/2020 14:54
Aug 12 (Reuters) - Xin Yuan Enterprises Group Ltd 1748.HK :
* FORTUNE HARVEST TO SELL 116 MILLION SHARES OF CO TO
UNIVERSAL
INTERNATIONAL
* CONSIDERATION OF HK$162 MILLION
* SHARES REPRESENT 26.36% OF CO'S TOTAL ISSUED SHARE
CAPITAL
* AFTER SALE, FORTUNE HARVEST TO CEASE TO HOLD ANY SHARES OF
CO &
CEASE TO BE A SUBSTANTIAL SHAREHOLDER
Source text for Eikon: urn:newsml:reuters.com:*:nHKS64HxkV
Further company coverage: 1748.HK
(Reuters.Briefs@thomsonreuters.com)
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