February 15, 2017 / 11:13 AM / 5 months ago

BRIEF-Berjaya Land says unit enters deal for disposal of entire 70 pct stake in Berjaya Long Beach

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Feb 15 (Reuters) - Berjaya Land Bhd

* Unit entered into capital contribution transfer agreement for disposal of entire 70 percent stake in Berjaya Long Beach Limited liability co

* Deal for a cash consideration of about VND333.25 billion

* Deal for disposal of co's entire 70.0% stake in Berjaya Long Beach Limited Liability to Sulyna Hospitality Hotel Restaurant Travel Service

* Disposal is not expected to have any material effect on earnings of the bland group for current financial year ending 30 April 2017 Source text for Eikon: Further company coverage:

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