BRIEF-Sim Technology Says Co, Simcom International, Shenzhen Sunsea & Target Cos Entered SPA
Dec 21 (Reuters) - Sim Technology Group Ltd:
* SIM TECHNOLOGY -CO, SIMCOM INTERNATIONAL, SHENZHEN SUNSEA & TARGET COS ENTERED SPA; SHENZHEN SUNSEA AGREED TO PURCHASE SIMCOM WIRELESS FOR RMB518 MILLION
* DEAL EXPECTED TO RESULT IN AN UNAUDITED NET GAIN BEFORE TAXATION OF ABOUT RMB418.2 MILLION Source text for Eikon: Further company coverage: