Brief: Ngai Shun enters framework agreement relating to possible acquisition

Boill Healthcare Holdings

02/12/2015 14:44

Dec 2 (Reuters) - Ngai Shun Holdings Ltd  1246.HK : 
 
 * Framework agreement relating to possible acquisition  1246.HK  
 * Company entered into the framework agreement with the vendor 
 * Deal in relation to a possible acquisition of the entire issued share capital of the target company 
 * Says preliminary valuation of the project company is approximately RMB2.50  billion 
 * Consideration will be partly satisfied as to by cash 
 * Says enterprise value of the target group and the consideration is expected to be approximately hk$1.80 billion 
 
 * Source text for Eikon  ID:nHKS4lM5tC  
 
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