Brief: Zhuguang Holdings Announces Disposal Of 100% Stake In, & Loan Due To, A Subsidiary
22/04/2020 15:56
April 22 (Reuters) - Zhuguang Holdings Group Company Ltd
1176.HK :
* ANNOUNCES DISPOSAL OF 100% STAKE IN, AND LOAN DUE TO, A
SUBSIDIARY
* SALE OF EQUITY INTEREST AT CONSIDERATION OF RMB1,500
MILLION
* TO DISPOSE LOAN AT FACE VALUE OF SALE LOAN AT COMPLETION
* EXPECTS TO RECOGNISE UNAUDITED GAIN FROM DISPOSAL OF ABOUT
RMB1,153 MILLION
Source text for Eikon: ID:nHKS6WD3xw
Further company coverage: 1176.HK
((Reuters.Briefs@thomsonreuters.com;))
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