Brief: China Everbright To Cease Classifying Ying Li Investment As A Disposal

Ying Li International Real Estate

13/12/2019 13:39

Dec 13 (Reuters) - China Everbright Ltd  0165.HK :
    * APPROVED DECISION TO CEASE CLASSIFYING YING LI INVESTMENT
AS A
DISPOSAL
    * YING LI TO BE ACCOUNTED FOR IN FINANCIAL STATEMENTS OF
GROUP FOR
FY
    * EXPECTED RECLASSIFICATION WILL LEAD TO RECOGNITION OF A
GAIN ON
BARGAIN PURCHASE OF ABOUT HK$680 MILLION FOR FY

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS1cGGTH
Further company coverage:  0165.HK 

 (Reuters.Briefs@thomsonreuters.com)