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Sunningdale: Disposal Of Factory In Zhongshan, China For RMB145 Million.

12 Dec 2018 10:14

The net book value of the Property as at 30 September 2018 was RMB42,245,975, approximately S$8.4 million, and the Consideration represents an excess of approximately RMB95.8 million, approximately S$19.1 million, over the net book value of the Property. The amount of gain from the Proposed Disposal is estimated to be approximately RMB67.3 million, approximately S$13.4 million, after taking into account estimated taxes, relevant agent and professional fees and other associated transaction costs...

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Source: ShareInvestor Express