BRIEF-Far East Horizon Announces Disposal Of Underlying Assets

Sept 6 (Reuters) - Far East Horizon Ltd:

* FETJ AGREED TO SELL FETJ UNDERLYING ASSETS TO INDUSTRIAL ASSETS MANAGEMENT FOR RMB489 MILLION

* IFEL AGREED TO SELL CERTAIN IFEL ASSETS TO INDUSTRIAL ASSETS MANAGEMENT CO AT RMB 1.71 BILLION

* UPON COMPLETION OF DISPOSAL, GROUP TO REALISE A NET GAIN OF ABOUT RMB1.8 MILLION Source text for Eikon: Further company coverage: