Brief: Ceneric's unit enters sale and purchase agreement

China Cultural Tourism and Agriculture

27/09/2016 12:10

Sept 27 (Reuters) -  
    * Ceneric-voluntary Announcement - Disposal Of The Issued 
Share Capital Of A Subsidiary And Its Shareholder's Loan 
 0542.HK  
    * Unit as vendor, Brilliant Deal Investments Limited  and 
Ceneric Asia Limited  entered into sale and purchase agreement 
    * Vendor agreed to sell 90% of issued share capital and to 
assign entire shareholder's loan to investor in total 
consideration of HK$26.1 million 
    * Investor has option to purchase remaining 10% of issued 
share capital of target co in consideration of hk$3.2 million 
 
Source text for Eikon:  ID:nHKS5x7ncT  
Further company coverage:  0542.HK  
 
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