Reuters logo
BRIEF-Kingmaker Footwear updates on disposal of a subsidiary
December 28, 2016 / 2:13 PM / a year ago

BRIEF-Kingmaker Footwear updates on disposal of a subsidiary

Dec 28 (Reuters) - Kingmaker Footwear Holdings Ltd

* Purchaser and vendor, an indirect wholly-owned subsidiary of company, entered into sale and purchase agreement

* Deal at consideration of rmb168 million

* Expects to recognize, after transaction costs, a gain of approximately hk$100 million from disposal Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below