Brief: Lifebrandz ltd says it will acquire Three Crystals Hong Kong

Autagco

27/10/2016 12:21

Oct 27 (Reuters) - Lifebrandz Ltd  LIFE.SI - 
    * Proposed Acquisition Of Three Crystals Hong Kong Limited 
    * Pursuant to agreement  co proposes to acquire entire 
issued and paid-up share capital of Three Crystals Hong Kong 
Limited 
    * Purchase consideration for all of shares in issued share 
capital of target company is S$70.0 million 
    * Entered into a term sheet with I M Quarries Limited 
    * Company and target company shall raise up to S$5 million 
by way of convertible bonds 
 
 
Source text for Eikon:  ID:nSN7RtfWr  
Further company coverage:  LIFE.SI  
 
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