BRIEF-Styland Holdings Announces Disposal Of Certain Equity Interests In A Subsidiary

Reuters

December 6, 2017 at 9:39 AM

Dec 6 (Reuters) - Styland Holdings Ltd:

* UNIT TOGETHER WITH OTHER BRIGHTEN SHAREHOLDERS, EC ASSETS MANAGEMENT & CLNT ENTERED CONDITIONAL LETTER AGREEMENT

* CONDITIONAL LETTER AGREEMENT TO DISPOSAL IN EXCHANGE OF CLNT CONSIDERATION SHARES & PROMISSORY NOTE

* ‍CONSIDERATION FOR DISPOSAL IS US$9 MILLION

* ‍GROUP WILL RECORD A GAIN ON DISPOSAL OF ABOUT HK$70 MILLION Source text for Eikon: Further company coverage:

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BRIEF-Styland Holdings Announces Disposal Of Certain Equity Interests In A Subsidiary

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