April 28 (Reuters) - Engenco Ltd EGN.AX :
* Greentrains limited (Greentrains) has entered into an unconditional asset sale agreement
* Deal to sell majority of locomotive fleet to parent entity of rail freight services company, Southern Shorthaul Railroad Pty Ltd
* Says net proceeds of sale, is expected to exceed A$6 million
* Proceed will be applied towards reducing the circa. A$17.8 million secured debt owed by greentrains to engenco's major shareholder
* Source text for Eikon