Brief: Dynasty Fine Wines Group Says Unit To Sell Assets To Tianjin Yiyang Big Health Small Township Development Co
23/07/2018 15:25
July 23 (Reuters) - Dynasty Fine Wines Group Ltd 0828.HK :
* DYNASTY WINERY TO SELL ASSETS AT RMB400 MILLION TO TIANJIN
YIYANG BIG HEALTH SMALL TOWNSHIP DEVELOPMENT CO
* ASSETS TO BE SOLD INCLUDE LAND USE RIGHTS OWNED BY DYNASTY
WINERY
* EXPECTED THAT COMPANY WILL RECORD AN ESTIMATED GAIN OF
ABOUT
RMB153 MILLION FROM TRANSFER UPON COMPLETION
Source text for Eikon: ID:nHKS4T5HQH
Further company coverage: 0828.HK
((Reuters.Briefs@thomsonreuters.com;))
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