NWS completes the disposals of major assets in Environment segment
(15 November 2021, Hong Kong) NWS Holdings Limited (“NWS” or the “Group”; HK stock code:659) announces today that it completed the disposal of its entire 42% equity interests in SUEZ NWS Limited (“SNL”). The cash consideration of HK$4,173 million was paid. The gain arising from the completion of the SNL disposal is estimated to be approximately HK$269 million and will be recognized in the financial year ending 30 June 2022. The Group also expects to receive by 15 December 2021 a dividend of approximately HK$121 million declared by SNL.
