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BRIEF-Macau Legend Development announces disposal of 100 pct stake in New Macau Landmark Management ​
November 10, 2017 / 1:18 AM / a month ago

BRIEF-Macau Legend Development announces disposal of 100 pct stake in New Macau Landmark Management ​

Nov 10 (Reuters) - Macau Legend Development Ltd:

* ‍Disposal of 100% equity interest in New Macau Landmark Management Limited​

* Deal for ‍HK$4.6 billion

* ‍Net proceeds from disposal will be approximately HK$4.5 billion​

* ‍Disposal is expected to accrue a gain before tax of about HK$3.3 billion​ Source text for Eikon: Further company coverage:

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