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BRIEF-China U-Ton Announces Deal In Relation To Disposal Of Good Pick Global
November 26, 2017 / 11:06 PM / in 16 days

BRIEF-China U-Ton Announces Deal In Relation To Disposal Of Good Pick Global

Nov 27 (Reuters) - China U-Ton Holdings Ltd:

* ANNOUNCES ‍DISCLOSEABLE AND CONNECTED TRANSACTION IN RELATION TO DISPOSAL OF SUBSIDIARY​

* ENTERS DISPOSAL AGREEMENT TO SELL ENTIRE ISSUED SHARE CAPITAL IN TARGET CO FOR NOT MORE THAN RMB82 MILLION

* ‍GROUP CURRENTLY EXPECTS TO RECORD A GAIN ARISING FROM PROPOSED DISPOSAL OF ABOUT RMB8.7 MILLION​

* ‍TO SELL ENTIRE STAKE IN GOOD PICK GLOBAL LTD TO ORDILLIA GROUP LTD​ Source text for Eikon: Further company coverage:

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