Jan 15 (Reuters) - AMCO United Holding Ltd 0630.HK :
* Discloseable transaction: acquisition of 40% of issued share capital of the target 0630.HK
* Deal for aggregate cash consideration of hk$50 million
* Upon completion, principal assets of the target group will be properties and a cash balance of not less than hk$5 million
* Praiseful moment and rosy lane investments entered into the sp agreement
* Says consideration shall be settled by the purchaser in cash
* Source text for Eikon ID:nHKS98ZRMz
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