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BRIEF-Wai Yuen Tong Medicine Says Guidepost Investments To Sell Entire Stake Of Sino Fame Investments

Reuters · 01/06/2023 10:03
BRIEF-Wai Yuen Tong Medicine Says Guidepost Investments To Sell Entire Stake Of Sino Fame Investments

- Wai Yuen Tong Medicine Holdings Ltd 0897.HK:

  • GUIDEPOST INVESTMENTS TO SELL ENTIRE STAKE OF SINO FAME INVESTMENTS AND LOAN FOR AGGREGATE CONSIDERATION OF HK$48.8 MILLION

  • EXPECTED THAT CO AND WANG ON GROUP WILL RECORD A GAIN OF ABOUT HK$16.3 MILLION FROM DISPOSAL

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Further company coverage: 0897.HK


((Reuters.Briefs@thomsonreuters.com;))