China can hold a duplicate licence to rise 10.59%

Source: Internet
Author: User
Keywords Hong Kong dollar restaurants
Tags business company cost help operation projects
The 00228-HK is up 10.59%,  Reported HK $0.47, a deal of HK $24.5993 million; the sale of its catering business marks a further shift in its business, as the company, in early February, has transformed itself into the Energy Concept unit through acquisitions of Chinese-era energy resources invested in the oil and gas projects in the mainland, putting the old business at the disposal of its share price. The company sold 3 Chinese restaurants at a cash cost of HK $9.03 million, with an estimated revenue of HK $2.17 million and the proceeds for general operation. Can be said that the sale will help to avoid further losses, still retain 2 of profitable Chinese restaurants.
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