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LED International
- BY: Andrew Hore |
- POSTED: 20/02/2009 |
LED International says it is delaying the publication of the circular relating to the disposal of part of its business.
The LED screens supplier says that it has not finalised the sale and purchase agreement.
LED is selling its subsidiary Shenzhen China LED Photo Technology Ltd for RMB5m in cash and assets. The purchaser is Tian Fu Kai Jia Information Company Ltd, which supplies advertising screens in tourist locations.
At 0.3p a share, LED is valued at £580,000.
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