Mainboard-listed Techcomp (Holdings), China’s leading manufacturer and distributor for analytical and life science instruments, says the group has agreed to dispose its 50% interests in joint-venture company Bibby Scientific (Hong Kong) Limited to Bibby Scientific.

The consideration of the disposal is US$980,000 ($1.35 million).

Techcomp says it will realise gains of US$600,000. The disposal is expected to have a positive impact on the group’s earnings for FY2010.

BHK’s net asset accounted for 0.87% of the latest audited consolidated net tangible assets of Techcomp and its subsidiaries.