Edition:
India

China Everbright To Cease Classifying Ying Li Investment As A Disposal


Friday, 13 Dec 2019 

Dec 13 (Reuters) - China Everbright Ltd <0165.HK>::APPROVED DECISION TO CEASE CLASSIFYING YING LI INVESTMENT AS A DISPOSAL.YING LI TO BE ACCOUNTED FOR IN FINANCIAL STATEMENTS OF GROUP FOR FY.EXPECTED RECLASSIFICATION WILL LEAD TO RECOGNITION OF A GAIN ON BARGAIN PURCHASE OF ABOUT HK$680 MILLION FOR FY. 

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