December 28, 2016 / 10:43 AM / 8 months ago

BRIEF-New Focus Auto Tech Holdings says unit entered into equity transfer agreement

Dec 28 (Reuters) - New Focus Auto Tech Holdings :

* Deal for consideration of rmb20 million to be satisfied in cash

* NFLP, unit which directly owns target interest, entered into equity transfer agreement with with purchaser

* A gain of approximately rmb7.9 million was expected to accrue to group as result of disposal Source text for Eikon: Further company coverage:

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