Brief: King Force updates on acquisition of China Bei Dou Communications Technology Group
19/10/2016 14:49
Oct 19 (Reuters) - King Force Group Holdings Ltd 8315.HK :
* Unit as purchaser entered into sale and purchase agreement
with vendor zheng gang
* Deal for hk$51.2 million
* deal in relation to acquisition of 100% of issued share
capital of china bei dou communications technology group
* consideration will be satisfied by allotment and issue of
consideration shares at issue price of hk$0.0704 per
consideration share
Source text for Eikon: ID:nHKS6QM4BL
Further company coverage: 8315.HK
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