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BRIEF-Wing Tai Properties Ltd Enters Agreement With Sunny Global Development To Dispose Property
December 5, 2017 / 10:55 AM / 6 days ago

BRIEF-Wing Tai Properties Ltd Enters Agreement With Sunny Global Development To Dispose Property

Dec 5 (Reuters) - Wing Tai Properties Ltd:

* ON 1 DEC UNITS ENTERED AGREEMENT WITH SUNNY GLOBAL DEVELOPMENT LTD REGARDING DISPOSAL OF PROPERTY AT HK$2.16 BILLION

* EXPECTED GAIN AFTER TAXATION FROM DISPOSAL OF ABOUT HK$659 MILLION TO BE RECORDED IN ACCOUNTING YEAR ENDING 31 DEC 2017

* ‍APPLICATION HAS BEEN MADE FOR RESUMPTION OF TRADING IN ITS SHARES FROM 9:00 A.M. ON 6 DEC 2017​ Source text for Eikon: Further company coverage:

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