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BRIEF-Easyknit International updates on disposal of securities of Industrial and Commercial Bank Of China Ltd
December 23, 2016 / 10:32 AM / a year ago

BRIEF-Easyknit International updates on disposal of securities of Industrial and Commercial Bank Of China Ltd

Dec 23 (Reuters) - Easyknit International Holdings Ltd

* Major Transaction - Disposal Of Securities Of Industrial And Commercial Bank Of China Limited

* Group disposed on-market a total of 12 million icbc shares in a transaction at an average price of hk$4.69 per ICBC share

* Deal for a gross sale proceeds of approximately hk$56.3 million

* As a result of disposal, group is expected to recognize a gain of approximately hk$2 million Source text for Eikon: Further company coverage:

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