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BRIEF-Tian An China Investments Co says unit entered into agreement with Sen Long Real Estate Company Limited
December 12, 2016 / 3:10 PM / 10 months ago

BRIEF-Tian An China Investments Co says unit entered into agreement with Sen Long Real Estate Company Limited

Dec 12 (Reuters) - Tian An China Investments Co Ltd :

* Vendor has agreed to sell and purchaser has agreed to acquire sale share at consideration of hk$450 million

* As a result of disposal, company will recognise an estimated gain of approximately hk$433.4 million

* Vendor, an indirect wholly-owned subsidiary of company, entered into agreement with purchaser

* Vendor is best advantage limited and the purchaser is sen long real estate company limited

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