Brief: Hao Tian International Construction Investment Group Says Unit Buys 100 Shares In Alcott Global

Aceso Life Science

04/09/2020 16:05

Sept 4 (Reuters) - Hao Tian International Construction
Investment Group Ltd  1341.HK :
    * SOARING WEALTH VENTURES TO SELL 100 SHARES IN ALCOTT
GLOBAL TO
UNIT
    * DEAL FOR HK$1.13 BILLION
    * UPON COMPLETION, UNIT WILL HOLD ENTIRE ISSUED SHARE
CAPITAL OF
ALCOTT GLOBAL
    * AS CONSIDERATION, PROMISSORY NOTES OF HK$850 MILLION TO BE
ISSUED BY HTICI TO SOARING WEALTH
    * AS CONSIDERATION, 5.00% CONVERTIBLE BONDS OF HK$150
MILLION BE
ISSUED BY HTICI TO SELLER

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS9S6Wqb
Further company coverage:  1341.HK 

 (Reuters.Briefs@thomsonreuters.com)