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BRIEF-Four Seas Mercantile says unit entered into agreement with purchaser
March 20, 2017 / 3:12 PM / in 7 months

BRIEF-Four Seas Mercantile says unit entered into agreement with purchaser

March 20 (Reuters) - Four Seas Mercantile Holdings Ltd :

* Vendor, an indirect wholly-owned subsidiary of company, and purchaser entered into agreement

* Deal for HK$368 million

* Expected to realise a total gain on disposal of approximately HK$320 million

* Purchaser being Well Harbour (H.K.) Limited, vendor being Four Seas Mercantile Limited Source text for Eikon: Further company coverage:

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