Brief: Elektromotive group updates on proposed acquisition of Dream T Entertainment Co

Bacui Technologies International

25/11/2016 04:55

Nov 25 (Reuters) - Elektromotive Group Ltd  EMGL.SI  
    * Co had on 23 nov entered into conditional share purchase 
agreement with gemini value no. 2 limited partnership and arion 
    * Consideration for purchase of sale shares shall be s$22.7 
million 
    * Pursuant to spa, company has agreed to purchase 4.6 
million ordinary shares in target 
    * Target compnay is dream t entertainment co., ltd 
    * Co to buy 4.6 million ordinary shares of dream t 
entertainment from gemini investment group and arion technology 
 
Source text for Eikon:  ID:nSNZ9fh5M2  
Further company coverage:  EMGL.SI  
 
 ((Bangalore.newsroom@thomsonreuters.com;))