BRIEF-Shanghai Industrial Says Disposal Of Stake In Ningbo Hangzhou Bay Bridge Development

Reuters

2024/11/06

Nov 5 (Reuters) - Shanghai Industrial Holdings Ltd

* DISPOSAL OF EQUITY INTEREST IN NINGBO HANGZHOU BAY BRIDGE DEVELOPMENT

* ESTIMATED CONSIDERATION FOR DISPOSAL NOT LESS THAN RMB1,747 MILLION AND NOT MORE THAN RMB1,923 MILLION

* SEES AFTER-TAX GAIN OF RMB710 MILLION ON DISPOSAL

Source text: Further company coverage:

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

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