Brief: O Luxe enters into agreement with Golden Mega and Zhang;updates on trading

Apollo Future Mobility

25/05/2016 15:59

May 25 (Reuters) - O Luxe Holdings Ltd  0860.HK : 
 
 * The company (as purchaser), Golden Mega Holdings Limited And Zhang entered 
into the agreement 
 * Deal for consideration of hk$588 million 
 * Upon completion, co will hold 60% of issued share capital of the target 
 * Consideration shall be satisfied by allotment and issue of 1.96 billion 
shares at issue price of hk$0.30 per consideration share to vendor 
 * Application has been made for resumption of trading in the shares with effect 
from 9:00 a.m. on 26 may 2016 
 * Source text for Eikon  urn:newsml:reuters.com:*:nHKS5tTZcq 
 
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