Brief: Ngai Shun announces termination of tentative agreement

Boill Healthcare Holdings

22/08/2016 14:00

Aug 22 (Reuters) - Ngai Shun Holdings Ltd  1246.HK : 
 
 * ...more (1) termination of tentative agreement;(2) resignation of executive director; and(3) change in arrangement in relation to the re-election of director  1246.HK  
 * Purchaser and the vendor cannot reach a consensus with respect to the terms of the acquisition 
 * Wang Xin has resigned as an executive director with effect from 22 August 
 * Termination of the tentative agreement will have no material adverse impact on business operations and financial position of the company 
 
* Source text for Eikon  urn:newsml:reuters.com:*:nHKS3tDFBj 
 
((Further company coverage:  1246.HK )) 
((Bangalore.newsroom@thomsonreuters.com))