Dec 23 (Reuters) - AG Financial Ltd AHA.AX :
* Sale of AG Capital markets pty ltd AHA.AX
* Deal for total cash consideration of $1.0 million
* Says parties will negotiate and enter into a definitive share purchase agreement
* Says under the binding term sheet, longhou will acquire AG Capital
* Says completion date of the sale of AG Capital is estimated by 31 March 2016
* Proposed sale will allow AG Financial to retire all debt from group and will deliver cost savings
* Source text for Eikon ID:nASX30KJrL