Nan Hai Corporation (00680) said it agreed to sell 20% equity interest in Loongson Technology Co., Ltd. for Rmb200 million to Lin Zhi County Zhong Ke Bai Fu Equity Investment Limited Partnership.
The company is expected to result a gain on the disposal of about HK$164 million.
Loongson's principal business is dedicated to central processing unit design, production, sales and services in the PRC. In view of the consecutive loss recorded by Loongson and the carrying value of the equity interest is lower than the cost of investment, Nan Hai group has intended to dispose of the equity interest so as to minimize its effect on the financial performance of the Group.
30/01/2015 11:08
Nan Hai Corp (00680) sells stake in CPU business for Rmb200m
- 經濟通
- 強化版MQ
- 強化版TQ
- 財曆
- Mobile
Web
