Brief: Yu Tak International's unit to sell 65% stake in target co to Liu Jia

Yu Tak International Holdings

18/01/2017 14:12

Jan 18 (Reuters) - Yu Tak International Holdings Ltd 
 8048.HK  
    * On 18 January 2017, Excel China Investment, a wholly-owned 
subsidiary of company and Liu Jia entered into agreement 
    * Unit Excel China Investment to sell 65% of target co Excel 
Systems (Beijing) Ltd to purchaser Liu Jia 
    * Deal for HK$2 million 
    * Company will recognize a gain of approximately HK$9.2 
million 
 
Source text for Eikon:  ID:nHKS93cTQl  
Further company coverage:  8048.HK  
 
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