Brief: Elegance Optical International Holdings says unit entered deal with Dongguan City Xiegang Asset Management Co
18/01/2016 08:48
Jan 18 (Reuters) - Elegance Optical International Holdings Ltd 0907.HK : * Disposal of a subsidiary 0907.HK * Deal for consideration of RMB26 million * Dongguan city xiegang asset management entered into the agreement with winston technology * directors expect that net proceeds from disposal of RMB20.4 million will be used by group as general working capital * It is expected that the company will record a book gain of approximately hk$12 million as a result of the disposal * Disposal is expected to enhance the cash position, the working capital of the company * Source text for Eikon ID:nHKS7fyNrj ((For more news, please click here 0907.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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