BRIEF-Yashili International Holdings Announces Expropriation & Compensation Agreement

Reuters

Tue, Dec 26, 2017, 8:23 PM

Dec 27 (Reuters) - Yashili International Holdings Ltd :

* ‍SCIENT (CHINA) GDD LAND DEVELOPMENT AND RESERVE EXCHANGE ENTERED INTO AN EXPROPRIATION AND COMPENSATION AGREEMENT

* ‍COMPENSATION AMOUNT FOR AGREEMENT RMB252.8 MILLION

* CO EXPECTED TO RECORD UNAUDITED ESTIMATED GAIN OF ABOUT RMB65 MILLION (BEFORE TAX) DUE TO EXPROPRIATION Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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BRIEF-Yashili International Holdings Announces Expropriation & Compensation Agreement

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