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BRIEF-Tungtex Holdings Co says unit shenzhen betu enters into an agreement with purchaser
December 7, 2016 / 3:10 PM / in 10 months

BRIEF-Tungtex Holdings Co says unit shenzhen betu enters into an agreement with purchaser

Dec 7 (Reuters) - Tungtex Holdings Co Ltd

* Deal at a consideration of rmb29.3 million

* Company is expected to recognize a gain (net of related legal costs, taxes and expenses) of approximately rmb2.4 million

* Shenzhen Betu, a wholly owned subsidiary of company, entered into an agreement with purchaser

* Agreement with purchaser for disposal of property

* Vendor is Shenzhen Betu Source text for Eikon: Further company coverage:

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