January 9, 2017 / 12:59 PM / 7 months ago

BRIEF-Maoye International announces disposal of shares in Maoye Communication

Jan 9 (Reuters) - Maoye International Holdings Ltd :

* Zhongzhao, a wholly-owned subsidiary of company, entered into disposal agreement with purchaser

* Zhongzhao to dispose 70 million shares in capital of Maoye Communication at cash consideration of RMB1.40 billion

* Zhongzhao, as vendor ; Shenzhen Tong Tai Da Investment Centre as purchaser Source text for Eikon: Further company coverage:

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