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BRIEF-ASL Marine Says Unit Enters Deal For Sale Of Its Entire Stake In Jiangmen Hongda Shipyard

July 29 (Reuters) - ASL Marine Holdings Ltd:

* UNIT ENTERED SHARE PURCHASE AGREEMENT WITH GUANGDONG SANHE PILE FOR SALE OF UNIT'S ENTIRE STAKE IN JIANGMEN HONGDA SHIPYARD

* DEAL FOR RMB35 MILLION

* PROPOSED DISPOSAL IS EXPECTED TO RESULT IN A GAIN ON DISPOSAL OF ABOUT S$8.9 MILLION Source text for Eikon: Further company coverage: