Brief: China ITS Holdings announces acquisition of 58 pct interest in CEECGLOBAL LIMITED

China ITS Holdings Co

14/11/2017 14:56

Nov 14 (Reuters) - China Its Holdings Co Ltd  1900.HK  
    * Unit to subscribe for subscription shares, of CEECGLOBAL 
LIMITED, at subscription price of RMB84 million 
    * Uunit to purchase 40 percent of entire issued share 
capital of 
ceecglobal ltd for RMB78.4 million from Totland International 
Ltd 
    * Consideration for acquisition satisfied by allotment & 
issue of 
87.6 million shares by co to Totland International at issue 
price HK$0.503/share 
 
Source text for Eikon:  ID:nHKS9Rp4PF  
Further company coverage:  1900.HK  
 
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