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BRIEF-Global Bio-chem Technology announces transfer of two units in Changchun
July 21, 2017 / 11:37 AM / 4 months ago

BRIEF-Global Bio-chem Technology announces transfer of two units in Changchun

July 21 (Reuters) - Global Bio-chem Technology Group Co Ltd :

* Announces transfer of two subsidiaries in Changchun from GSH group to GBT group

* Consideration for sale interest is HK$60.9 million which shall be payable by purchaser Global Corn Chemical Investments at completion

* Expected unaudited gain before taxation accrued to gsh group as a result of transactions would be about HK$35.8 million Source text for Eikon: Further company coverage:

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