Brief: China Metal Resources Utilization To Buy 100 Shares In Value Link Developments For HK$741.2 MLN

China Metal Resources Utilization

07/02/2018 12:13

Feb 7 (Reuters) - China Metal Resources Utilization Ltd 
 1636.HK : 
    * TO BUY 100 SHARES IN VALUE LINK DEVELOPMENTS FROM SURE 
VICTOR 
FOR HK$741.2 MILLION  
    * CONSIDERATION TO BE SETTLED BY HK$287.6 MILLION IN CASH 
AND 
HK$453.5 MILLION VIA ISSUANCE 
    * HK$453.5 MILLION OF CONSIDERATION TO BE SETTLED BY 
ALLOTMENT & 
ISSUE OF CONSIDERATION SHARES AT HK$4.8 EACH 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS4xDHR3 
Further company coverage:  1636.HK  
 
 (bangalore.newsroom@thomsonreuters.com)