Reuters logo
BRIEF-Far East Horizon says units entered asset disposal agreements
April 25, 2017 / 10:36 AM / 5 months ago

BRIEF-Far East Horizon says units entered asset disposal agreements

April 25 (Reuters) - Far East Horizon Ltd

* Unit and GF Securities Asset Management entered into IFEL assets disposal agreement

* FETJ, a unit and GF Securities Asset Management (Guangdong) entered into FETJ assets disposal agreement

* Consideration for FETJ deal RMB1.21 billion

* IFEL assets disposal agreement at a consideration of RMB2.35 billion

* Upon completion of disposal of IFEL and FETJ, group would realise a net gain of approximately RMB832 thousand Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
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