March 30, 2017 / 3:16 PM / 6 months ago

BRIEF-Credit China FinTech updates on disposal agreement

March 30 (Reuters) - Credit China FinTech Holdings :

* Discloseable transaction disposal of equity interest in the target

* Deal for consideration of HK$580 million

* Unit entered into agreement with purchaser

* Deal for disposal is expected to accrue to company a gain of approximately hk$539 million

* Pursuant to agreement seller agreed to sell sale shares to purchaser

* Purchaser is decade elite global limited, seller is even step holdings limited Source text (bit.ly/2nPpXpo) Further company coverage:

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