Brief: HMV Digital China updates on acquisition of Panorama Corp, Parkway Licensing

China Creative Digital Entertainment

09/01/2017 22:13

Jan 10 (Reuters) - HMV Digital China Group Ltd  8078.HK  
    * discloseable Transaction In Relation To The Acquisition Of 
Panorama Corporation And Parkway Licensing And Involving The 
Issue Of Consideration Shares Under Specific Mandate  
    * deal for consideration of hk$31.5 million 
    * Purchaser and company entered into panorama agreement with 
panorama vendor 
    * panorama vendor to sell and purchaser to purchase panorama 
sale shares, representing 70% of issued share capital of 
panorama corporation 
    * purchaser and co entered into parkway agreement with 
parkway vendors for  parkway sale shares for consideration of 
hk$7mln 
 
Source text for Eikon:  ID:nHKS4QBzRF  
Further company coverage:  8078.HK  
 
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