Brief: Hao Tian Development Group says unit to buy Zhong Hong International Ltd

Aceso Life Science

06/11/2017 14:52

Nov 6 (Reuters) - Hao Tian Development Group Ltd  0474.HK : 
    * Unit entered into sale and purchase agreement to buy 
Zhong Hong 
International Ltd from Zhong Hong Holdings Group 
    * Deal for HK$1.05 bln 
    * Consideration to be satisfied by Nuoqi by allotment and 
issue 
to vendor of 1.54 billion new H shares at HK$0.6829 per shares 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS3JJW6F 
Further company coverage:  0474.HK  
 
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