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BRIEF-China National Culture Group announces disposal of listed securities
June 27, 2017 / 11:24 PM / in 4 months

BRIEF-China National Culture Group announces disposal of listed securities

June 28 (Reuters) - China National Culture Group Ltd :

* Announces disposal of listed securities

* Deal for a gross sale proceeds of approximately HK$34.9 million

* Disposed on-market of a total of 1.63 billion CJH shares at an average price of HK$0.021 per CJH share

* As a result of disposal, group is expected to recognise a realised loss of about HK$283.7 million for year ending 31 March 2018 Source text for Eikon: Further company coverage:

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