Brief: China Maple Leaf Educational Systems Says Unit To Buy Stake In Luzhou No.7 Jiade Education Investment Co

China Maple Leaf Educational Systems

10/12/2018 13:52

Dec 10 (Reuters) - China Maple Leaf Educational Systems Ltd
 1317.HK :
    * UNIT DALIAN MAPLE LEAF EDUCATIONAL GROUP CO TO BUY 66
PERCENT
STAKE IN LUZHOU NO. 7 JIADE EDUCATION INVESTMENT CO
    * DEAL FOR RMB184.8 MILLION
    * DEAL TO BE FINANCED BY PART CASH AND PART ISSUANCE OF 16.1
MILLION SHARES BY CO AT ISSUE PRICE OF HK$3.524 PER SHARE 
    * UNIT TO BUY STAKE IN LUZHOU NO.7 JIADE EDUCATION
INVESTMENT CO
FROM SICHUAN WANGSHI GROUP CO

Source text for Eikon:  ID:nHKS38l747 
Further company coverage:  1317.HK 

 ((Reuters.Briefs@thomsonreuters.com;))