HAITIAN INT'L sells non-core business, estimated revenue of 106 million yuan
HAITIAN INT'L (01882.HK) announced a related transaction, selling 100% of the equity of Guohua Machinery to Haitian Zhisheng. The latter is engaged in leasing its owned factory buildings and supporting assets in Ningbo City, Zhejiang Province, with a cash consideration of RMB 342 million (approximately HKD 380 million). The estimated proceeds from the sale are about HKD 106 million
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