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375 YGM Trading News Story

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Brief: YGM Trading sells Aquascutum business for $117 million

March 2 (Reuters) - Ygm Trading Ltd  0375.HK  
    * Company as vendor and purchaser entered into disposal 
agreement 
    * Deal for consideration of US$117 million 
    * Application has been made to stock exchange for resumption 
of trading in shares of co on stock exchange with effect from 
1:00 p.m. on 2 March 2017 
    * Co to sell and Jining Ruyi Investment Co to acquire sale 
share representing entire issued share capital of Aquascutum 
Holdings Ltd 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS92V8Lk 
Further company coverage:  0375.HK  
 
 ((bangalore.newsroom@thomsonreuters.com;))

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