Brief: Beijing Properties Holdings says unit enters acquisition agreement

Beijing Properties (Holdings)

16/08/2016 13:00

Aug 16 (Reuters) - Beijing Properties Holdings Ltd  0925.HK : 
 * Connected transaction acquisition of 49% equity interest in Bellomonte S. A. and discloseable transaction on capital contribution to joint venture company   0925.HK  
 * Purchaser has agreed to purchase the entire issued capital of the target  company 
 * Says the purchaser, a wholly owned subsidiary of the company, entered into the acquisition agreement with the vendor 
 * Deal for total consideration of US$3MLN 
 
 * Source text for Eikon  ID:nHKS4Nvyn1  
 
 * ((Further company coverage:  0925.HK )) 
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