China Wood Int (01822.HK) announced the sale of the automobile leasing business Gigantic Wisdom's entire equity and connected loans to the independent third party Manyi Asia, for a cash consideration of 0.05 million yuan. Based on the estimated net debt of the group of 66.7 million yuan from the sale, a profit of approximately 60 million yuan will be recorded.
中木國際(01822.HK)作價5萬元出售汽車租賃業務
China Wood Int (01822.HK) intends to sell the automobile leasing business for 0.05 million yuan.
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