Brief: Yip's Chemical Holdings To Sell Entire Stake In Bauhinia Paints Manufacturing (Shanghai)

Yip's Chemical Holdings

18/01/2019 12:44

Jan 18 (Reuters) - Yip's Chemical Holdings Ltd  0408.HK :
    * ANNOUNCES DISPOSAL OF ENTIRE EQUITY INTEREST IN BAUHINIA
PAINTS
MANUFACTURING (SHANGHAI)
    * DEAL AT A CONSIDERATION OF RMB269.9 MILLION
    * AS A RESULT OF DISPOSAL, CO IS EXPECTED TO RECORD AN
UNAUDITED
GAIN BEFORE TAX ON DISPOSAL OF ABOUT RMB109.2 MILLION

Source text for Eikon:  ID:nHKS1fFpTc 
Further company coverage:  0408.HK 

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