January 22, 2018 / 10:08 AM / 3 months ago

BRIEF-Metro Holdings Says Unit To Sell 30 Pct Interest In Nanchang Top Spring

Jan 22 (Reuters) - Metro Holdings Ltd:

* ‍METRO SHANGHAI ENTERED AGREEMENT TO SELL 30% INTEREST IN NANCHANG TOP SPRING TO H-CHANGE REAL ESTATE GROUP LTD​

* CONSIDERATION FOR SALE OF 30% OF REGISTERED CAPITAL OF NANCHANG TOP SPRING OF ABOUT RMB627.7 MILLION

* ‍DIVESTMENT OF NANCHANG TOP SPRING EXPECTED TO RESULT IN DIVESTMENT GAIN ON DISPOSAL OF S$8.6 MILLION​ Source text for Eikon: Further company coverage:

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