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BRIEF-Besunyen Holdings Co says unit entered into equity transfer agreement
March 10, 2017 / 2:06 PM / 8 months ago

BRIEF-Besunyen Holdings Co says unit entered into equity transfer agreement

March 10 (Reuters) - Besunyen Holdings Co Ltd

* Unit, entered into equity transfer agreement with Zhonghang Tuohong and Besunyen Food and Beverage

* Beijing Outsell agreed to dispose 100% equity interest in Besunyen Food and Beverage for RMB75 million

* Besunyen Food and Beverage agreed to pay debt of RMB50 million to Beijing Outsell

* Upon completion of equity transfer, company expects to record a gain on disposal of approximately RMB28 million Source text for Eikon: Further company coverage:

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