Last updated: 05 Mar 2010
China Public Healthcare (Holding) Limited (08116) (Hong Kong, 4 March, 2010) --- China Public Healthcare (Holding) Limited (8116.HK) (“China PublicHealthcare”/ the “Group”) announces that its wholly owned subsidiary, Hong Kong Chang Kang (Holdings) Limited, entered into an agreement with Chongqing Changan Jinling Automobile Parts Co., Ltd. on 26 February 2010, pursuant to which the subsidiary has conditionally agreed to sell all of its equity interest, which accounts for 49% in the JV Company at the consideration of RMB47 million in cash and realized a gain of approximately HK$3.86 million, being the difference between the consideration and the sum of the audited net assets attributable to the Equity Interest as at 31 December 2008, would arise as a result of the Disposal. More on... Company Profile; Media Centre; Full Document |