Brief: Celestial Asia Securities says unit enters into framework agreement for sale shares
21/07/2016 15:10
July 21 (Reuters) - Celestial Asia Securities Holdings Ltd: * Inside information and possible very substantial disposal in relation to the possible disposal of 36.28% shareholding interest in cfsg and resumption of trading * CFSG and CASH have applied for resumption of trading in their respective shares with effect from 9:00 am on 22 July 2016 * Celestial asia securities says seller (a wholly-owned subsidiary of CASH and purchaser (an independent third party) entered into framework agreement * Pursuant to the framework agreement, the purchaser shall pay to the seller a sum of hk$50 million as deposit * Subject to execution of agreement, independent third party would purchase sale shares, representing about 36.28% of issued share capital of CFSG * Source text for Eikon ID:nHKS8NL5gf ((For more news, please click here [Celestial Asia.1049.HK])) ((Bengaluru Newsroom; +91 80 6749 1130))
Recent news on Celestial Asia Securities Holdings
See all newsGlobal financial firms pivot to South Korea, cautious on China and India, survey shows
Brief: Celestial Asia Securities FY Loss Attributable Hk$52.8 Million
Brief: Cash Financial Services Group Says CIGL In Talks For Potential CFSG Equity Deal
Brief: HKEX Says Trading In Shares Of Celestial Asia Securities Has Been Halted On Sept 30
Brief: Celestial Asia Securities Says From March 11 - Aug 19, CFSG Disposed 2 Million Horizon Robotics Shares