December 30, 2016 / 11:33 AM / 8 months ago

BRIEF-Hoifu Energy says vendor and purchaser entered into agreement

Dec 30 (Reuters) - Hoifu Energy Group Ltd :

* Deal for consideration of rmb3mln

* Vendor being Hebei Panbao Zeolite Technology Co.

* Vendor and purchaser entered into agreement

* Net proceeds from disposal of approximately hk$3.22 million

* Group expects to record a loss arising from disposal of approximately hk$1.4 million upon completion of disposal Source text for Eikon: Further company coverage:

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