Brief: China Maple Leaf Educational Systems Maple Leaf CIS Holdings To Buy Entire Stake Of Star Readers
22/06/2020 02:46
June 22 (Reuters) - China Maple Leaf Educational Systems Ltd
1317.HK :
* MAPLE LEAF CIS HOLDINGS TO BUY ENTIRE STAKE OF STAR
READERS
* UPON FIRST CLOSING, MAPLE LEAF CIS HOLDINGS WILL ACQUIRE
90% OF
STAR READERS PTE
* AGGREGATE CONSIDERATION PAYABLE FOR SALE SHARES AND
SETTLEMENT
OF BANK DEBT IS S$680 MILLION
Source text for Eikon: ID:nHKS1B4xsz
Further company coverage: 1317.HK
((Reuters.Briefs@thomsonreuters.com;))
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