Brief: China Eco-Farming enters into subscription agreement;unit enters into sale & purchase agreement
19/07/2016 12:47
July 19 (Reuters) - China Eco-Farming Ltd 8166.HK : * Farm-subscription of shares under general mandate and discloseable transaction acquisition of 5% equity interest of the target company * Company entered into the subscription agreement with Sun Hui * Company has conditionally agreed to allot and issue, in aggregate 288 million subscription shares at a consideration of hk$43.2 million * The consideration for the acquisition is RMB36 million * Purchaser, unit of company, and Anhui Xingguang Investment Group entered into sale and purchase agreement * Source text for Eikon ID:nHKS7hjNvp ((For more news, please click here 8166.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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