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7 months ago
BRIEF-Zhongde Waste 2016 result to be boosted by Chung Hua sale
December 28, 2016 / 6:25 PM / 7 months ago

BRIEF-Zhongde Waste 2016 result to be boosted by Chung Hua sale

1 Min Read

Dec 28 (Reuters) - Zhongde Waste Technology AG

* Says following sale of Chung Hua to Capital Yield Group, Zhongde today has transferred equity to purchaser

* Financial results 2016 will include a significant positive effect from sale of Chung Hua for a total purchase price of around 120 million euros

* According to agreement equity transfer was carried out after receiving payment of 810 million renminbi (around 111 million euros) Source text for Eikon: Further company coverage:

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