March 28, 2018 / 9:47 AM / 3 months ago

BRIEF-Euro Tech Holdings To Sell Stake In Zhejiang Jiahuan Electronics Co

* EURO TECH HOLDINGS COMPANY LIMITED ANNOUNCES THAT IT HAS SIGNED AN EQUITY TRANSFER AGREEMENT TO SELL ITS STAKE IN ZHEJIANG JIAHUAN ELECTRONICS CO., LTD.

* EURO TECH HOLDINGS COMPANY LTD - ‍SIGNED EQUITY TRANSFER DEAL TO SELL 20% EQUITY STAKE OF ZHEJIANG JIAHUAN ELECTRONICS CO. LTD.​

* EURO TECH HOLDINGS COMPANY LTD - ‍TO SELL STAKE OF JIA HUAN TO INDIVIDUAL, WHO IS WIFE OF HOLDER OF REMAINING 80% EQUITY STAKE OF JIA HUAN

* EURO TECH HOLDINGS COMPANY LTD - DEAL FOR A PURCHASE PRICE OF RMB$31.3 MILLION​

* EURO TECH HOLDINGS COMPANY - ‍DECISION TO ENTER INTO DEAL BASED UPON INTENTION OF JIA HUAN’S MAJOR SHAREHOLDER TO DIVERSIFY BUSINESS INTO NEW AREAS​ Source text for Eikon: Further company coverage:

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