March 2, 2017 / 5:47 AM / 5 months ago

BRIEF-YGM Trading sells Aquascutum business for $117 million

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March 2 (Reuters) - Ygm Trading Ltd

* Company as vendor and purchaser entered into disposal agreement

* Deal for consideration of US$117 million

* Application has been made to stock exchange for resumption of trading in shares of co on stock exchange with effect from 1:00 p.m. on 2 March 2017

* Co to sell and Jining Ruyi Investment Co to acquire sale share representing entire issued share capital of Aquascutum Holdings Ltd Source text for Eikon: Further company coverage:

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