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355 — Century City International Holdings News Story

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Brief: Century City International Says Chairman Interested In 65.44% Of Co After Buying Shares

April 27 (Reuters) - Century City International Holdings Ltd
 0355.HK :
    * CHAIRMAN BOUGHT 144.2 MILLION SHARES OF CO FROM DALTON
INVESTMENTS LLC AT HK$43.3 MILLION
    * AFTER ACQUISITION, UNIT OWNED BY CHAIRMAN HOLDS 58.01% OF
COMPANY, AS AT DATE
    * IMMEDIATELY AFTER ACQUISITION, CHAIRMAN INTERESTED IN
65.44% OF
CO
    * FURTHER INFORMED THAT DALTON GROUP GRANTED UNIT RIGHT OF
FIRST
REFUSAL
    * UNIT'S RIGHT OF FIRST REFUSAL TO PURCHASE ALL OR PORTION
OF
REMAINING 3.84% OF CO

Further company coverage:  0355.HK 

 ((Reuters.Briefs@thomsonreuters.com;))

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