Brief: Besunyen says board approved framework agreement in relation to possible investment

Besunyen Holdings

19/08/2016 15:18

Aug 19 (Reuters) - Besunyen Holdings Co Ltd  0926.HK : 
 
 * Inside information framework agreement in relation to a possible investment 
    0926.HK  
 * Board approved the framework agreement in relation to the possible investment 
 * Expected that the purchaser, unit of co, will enter into framework agreement with vendors on 22 August 2016 
 * Possible investment will be made by purchaser for acquisition of certain existing equity interest owned by the vendors at a cash consideration of RMB8 million 
 * Says upon completion of the possible investment, the purchaser will own 80% equity interest in each of the target companies 
 
* Source text for Eikon  urn:newsml:reuters.com:*:nHKS3pCTK1 
 
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