May 3, 2018 / 12:25 PM / 3 months ago

BRIEF-FDG Electric Vehicles Updates On Disposal Of Subsidiary

May 3 (Reuters) - FDG Electric Vehicles Ltd:

* UNIT TO SELL ENTIRE ISSUED SHARE CAPITAL OF GIANT INDUSTRY HOLDINGS LIMITED FOR RMB80 MILLION

* EXPECTS AN UNAUDITED LOSS OF ABOUT HK$177 MILLION FROM DISPOSAL

* AS PART OF TRANSACTION, COMPANY AND ITS RELEVANT SUBSIDIARIES WILL PROVIDE ROYALTY FREE LICENSE TO YUNNAN COMPANY Source text for Eikon: Further company coverage:

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