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BRIEF-Styland Holdings Announces Disposal Of Certain Equity Interests In A Subsidiary

Reuters

Dec 6 (Reuters) - Styland Holdings Ltd:

* UNIT TOGETHER WITH OTHER BRIGHTEN SHAREHOLDERS, EC ASSETS MANAGEMENT & CLNT ENTERED CONDITIONAL LETTER AGREEMENT

* CONDITIONAL LETTER AGREEMENT TO DISPOSAL IN EXCHANGE OF CLNT CONSIDERATION SHARES & PROMISSORY NOTE​

* ‍CONSIDERATION FOR DISPOSAL IS US$9 MILLION ​

* ‍GROUP WILL RECORD A GAIN ON DISPOSAL OF ABOUT HK$70 MILLION​ Source text for Eikon: Further company coverage: