StockMarketWire.com - Investment manager Rasmala said it was currently in negotiations to dispose of a non-core asset, which it didn't identify.

The asset generated a net profit of £0.5m in the year through December.

'Whilst there is no certainty of the outcome, a disposal would be expected to generate a profit in excess of £2m,' the company said.

Sale proceeds would be re-invested into operations.


At 1:04pm: [LON:RMA] Rasmala Plc share price was +5p at 125p



Story provided by StockMarketWire.com