December 30, 2016 / 3:12 PM / 8 months ago

BRIEF-Hengdeli holdings says unit and Zhang entered into agreement

Dec 30 (Reuters) - Hengdeli Holdings Ltd :

* Vendors and Zhang entered into agreement

* Intends to declare special dividend of not less than hk$0.20 per share

* Expected that a loss on disposal of approximately rmb490 million would be recorded

* Deal at aggregate cash consideration of approximately rmb3.5 billion

* Vendors and Zhang entered into agreement vendor a agreed to sell Xinyu sale shares and vendor b agreed to sell Harvest Max sale shares Source text for Eikon: Further company coverage:

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