Brief: Kenford Group enters share and purchase agreement with China Yuen Capital and China Investment

China In-Tech

18/07/2017 15:59

July 18 (Reuters) - Kenford Group Holdings Ltd  0464.HK : 
    * Announces acquisition of shares in Kenford Group Holdings 
Limited by China Yuen Capital Limited 
    * Company intends to declare and distribute special interim 
dividend of HK$0.2131 per share to qualifying shareholders 
    * Vendors, China Yuen Capital and China Investment entered 
into share purchase agreement 
    * Trading in shares on stock exchange was halted with effect 
from 9:00 a.m. on 18 July 2017 
    * Deal for a total consideration of HK$458.2 million 
    * Application has been made for resumption of trading with 
effect from 9:00 a.m. on 19 July 
 
Source text for Eikon:  ID:nHKS1VY4vm  
Further company coverage:  0464.HK  
 
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