Brief: China Maple Leaf Educational Systems says unit to acquire Lucrum Development (Singapore)
24/07/2016 23:12
July 25 (Reuters) - China Maple Leaf Educational Systems Ltd 1317.HK :
* Mapleleaf edu-discloseable transaction in relation to the acquisition of the
entire issued share capital of Lucrum Development (Singapore) Pte. Limited
1317.HK
* Deal for consideration of S$68 million
* Unit and Lucrum Fund entered into agreement
* Maple Leaf Asia pacific conditionally agreed to purchase sale shares
* Consideration will be funded by external borrowings from one or more licensed
financial institutions
* Source text for Eikon ID:nHKS4292NR
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