Brief: Abterra enters agreement to acquire Lead China Development
21/06/2017 13:20
June 21 (Reuters) - Abterra Ltd. ABTR.SI :
* Proposed acquisition of 51% of the equity interest in
Tianjin Belong Faith Energy Minerals Co., Ltd
* Entered into a sale and purchase agreement with Li Ya Nan
and Lu Du Wei
* Co entered into a sale and purchase agreement with Li Ya
Nan and Lu Du Wei to acquire 50,000 shares in Lead China
Development
* Total purchase consideration for proposed acquisition is
RMB 74.2 million
* Acquistion at issue price of S$0.31 per consideration
share
Source text for Eikon: ID:nSNZbgd5S7
Further company coverage: ABTR.SI
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