Brief: We Solutions Enters Supplemental Agreement With Ideal Team Ventures To Raise Stake In Apollo
15/08/2019 15:46
Aug 15 (Reuters) - We Solutions Ltd 0860.HK :
* ENTERED SUPPLEMENTAL AGREEMENT WITH IDEAL TEAM VENTURES TO
INCREASE STAKE IN APOLLO TO 86.06% FROM 40%
* CO & IDEAL TEAM TO INCREASE CONSIDERATION FOR APOLLO'S
ACQUISITION TO UP TO ABOUT HK$1.03 BILLION
* GROUP TO LEND BRIDGE LOAN TO SINO PARTNER GLOBAL IN AN
AGGREGATE
AMOUNT OF UP TO HK$50.0 MILLION
Source text for Eikon: urn:newsml:reuters.com:*:nHKS6WYV79
Further company coverage: 0860.HK
(Reuters.Briefs@thomsonreuters.com)
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