BRIEF-Chinese Estates Holdings Announces Disposal Of State Smart Ltd For GBP125.4 Mln

Reuters08-15

Aug 15 (Reuters) - Chinese Estates Holdings Ltd

* MAJOR TRANSACTION IN RELATION TO DISPOSAL

* UNIT TO SELL STATE SMART LTD TO OVAL GYMKHANA HOLDCO LIMITED

* DEAL FOR GBP125.4 MILLION

* NET SALE PROCEEDS OF DISPOSAL OF ABOUT HK$1,018.4 MILLION

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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