April 17, 2018 / 2:40 PM / in 3 months

BRIEF-Shanghai Industrial Urban Development Announces Disposal Of Entire Stake In Fine Mark Investment

April 17 (Reuters) - Shanghai Industrial Urban Development Group Ltd:

* UNIT TO SELL FINE MARK INVESTMENT FOR RMB120.75 MILLION AND ASSIGN OUTSTANDING LOANS OF RMB56 MILLION

* UNIT TO SELL FINE MARK INVESTMENT TO HONGKONG RUIMIN INVESTMENT

* EXPECTED THAT GROUP WOULD RECORD A GAIN OF RMB108.7 MILLION ON DISPOSAL Source text for Eikon: Further company coverage:

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