Brief: Yongsheng Advanced Materials Conditionally Agreed To Sell Entire Issued Share Capital Of Summer Power International
21/06/2022 13:21
June 21 (Reuters) - Yongsheng Advanced Materials Company Ltd
3608.HK :
* CONDITIONALLY AGREED TO SELL ENTIRE ISSUED SHARE CAPITAL
OF
SUMMER POWER INTERNATIONAL
* CO EXPECTED TO RECORD UNAUDITED GAIN BEFORE TAX FROM
DISPOSAL OF
ABOUT RMB14.9 MILLION
* DEAL FOR CONSIDERATION OF HK$34.5 MILLION
Source text for Eikon: ID:nHKSFK94K
Further company coverage: 3608.HK
((Reuters.Briefs@thomsonreuters.com;))
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