Brief: AMS Public Transport updates on acquisition of public light buses
05/07/2016 10:20
July 5 (Reuters) - AMS Public Transport Holdings Ltd 0077.HK : * Discloseable transaction - acquisition of public light bus licences and public light buses 0077.HK * Purchaser (a wholly owned subsidiary of the company) and the vendor entered into the latest contracts * Vendor agreed to sell 2 PLB licences together with the 2 corresponding PLBs * Considerations under the contracts were/shall be satisfied by the group's internal cash and bank borrowings * Deal for consideration of HK$10.5 million * Source text (http://bit.ly/29f9fde) ((For more news, please click here 0077.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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