June 16, 2017 / 11:32 AM / 2 months ago

BRIEF-Eastern & Oriental says unit entered into a share sale agreement

June 16 (Reuters) - Eastern & Oriental Bhd :

* Eastern & Oriental Hotel entered into a share sale agreement with Langkawi Saga Shopping Centre Sdn and Lubritrade Trading Pte

* Deal for a total consideration of 85 million rgt

* E&O group expects to realize an estimated gain on disposal after taxation of approximately rm23.30 million

* Proposed sale is not expected to have any material effect on E&O’s EPS for financial year ending 31 March 2018 Source text : (bit.ly/2sA0CTX) Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below