BRIEF-Metal Component To Sell MCE Industries (Shanghai) Co To Hong Sheng Holding
Jan 28 (Reuters) - Metal Component Engineering Ltd :
* ENTERS CONDITIONAL SALE & PURCHASE AGREEMENT WITH HONG SHENG HOLDING FOR SALE OF MCE INDUSTRIES (SHANGHAI)
* ESTIMATED NET PROCEEDS FROM PROPOSED SALE IS ABOUT S$12.3 MILLION
* ACCORDINGLY, PROPOSED SALE WILL RESULT IN A GAIN ON DISPOSAL OF ABOUT S$8.4 MILLION Source text for Eikon: Further company coverage: