Luen Thai Holdings to sell 50% stake in Sunrise Luen Thai Textile Joint Stock Company

Luen Thai Holdings' subsidiary Sunny Force Limited agreed to sell its 50% stake in Sunrise Luen Thai Textile Joint Stock Company to Shengzhou Shengtai Knitting Co., Ltd. for $4.3 million, plus repayment of shareholder loans of $3.2785 million.

“联泰控股(00311)发布公告，附属Sunny Force Limited拟向嵊州盛泰针织有限公司出售Sunrise Luen Thai Textile Joint Stock Company50%股权，总代价为430万美元及目标已同意于当日按于偿还日期的面值偿还股东贷款，为327.85万美元。”beta.zhitongcaijing.com

• 1 source
• beta.zhitongcaijing.com联泰控股(00311)拟出售纺纱业务公司50%股权Sep 6, 2018

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