April 26 (Reuters) - China High Speed Transmission Equipment
Group Co Ltd-
* Notes there are recent media speculation with regard to
disposal of entire interest in nanjing high accurate marine
* Consideration was arrived at between company and
subscriber with reference to fair value of nanjing marine
* China high speed transmission equipment group co ltd -
subscriber of disposal was an independent third party not
connected with company
* Wishes to emphasize that nanjing marine has been in a net
loss before disposal.
* Disposal is therefore expected to improve financial
performance of group.
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