Edition:
India

BAIC Motor Corp Ltd (1958.HK)

1958.HK on Hong Kong Stock

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Fri, Feb 23 2018

BRIEF-BAIC Motor Corp Says Co & Unit Entered Asset Transfer Agreement

* CO & UNIT ENTER ASSET TRANSFER AGREEMENT, UNIT TO PURCHASE ASSETS OF BEIJING BRANCH OF CO FOR RMB5.84 BILLION Source text for Eikon: Further company coverage:

BRIEF-Baic Motor Corp Expects Net Profit Attributable For FY To Decrease By About 65%

* EXPECTS NET PROFIT ATTRIBUTABLE TO EQUITY HOLDERS OF CO FOR YEAR ENDED 31 DEC 2017 TO DECREASE BY ABOUT 65%

BRIEF-Baic Motor Corp's Unit To Dispose 8.15% Equity Interest In BJEV To Qianfeng

* UNIT TO DISPOSE 8.15 PCT EQUITY INTEREST IN BJEV TO QIANFENG WITH CONSIDERATION OF 62.4 MILLION NEW A SHARES TO BE ISSUED TO IT BY QIANFENG​

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