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United Kingdom

Huabao International Holdings Says VMR Products To Dispose All Issued & Outstanding Vmr Products Units


Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - Huabao International Holdings Ltd <0336.HK>::VMR PRODUCTS ENTERED INTO DISPOSAL AGREEMENT WITH JUUL, MERGER SUB AND REPRESENTATIVE.DEAL FOR US$75 MILLION.VMR PRODUCTS ENTERED DISPOSAL AGREEMENT TO EFFECT DISPOSAL OF ALL OF ISSUED AND OUTSTANDING VMR PRODUCTS UNITS.EXPECTS DISPOSAL TO RESULT IN A GAIN FOR FINANCIAL YEAR ENDING 31 MARCH 2019 IN REGION OF US$23.5 MILLION. 

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