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651 — China Ocean Industry News Story

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Brief: China Ocean Shipbuilding Industry says unit enters sale and purchase agreement with Pacific Greatest Ltd

Oct 15 (Reuters) - China Ocean Shipbuilding Industry Group Ltd  0651.HK : 
 
 * Purchaser entered into the sale and purchase agreement with the vendor 
 * Deal for initial consideration of hk$67.5 million 
 * Maximum consideration for the sale and purchase of the sale shares is  approximately hk$450 million 
 * Shipbuilding-pursuant to sale and purchase agreement, up to 1.73 billion  consideration shares may be allotted and issued by co to the vendor 
 
* Source text for Eikon  ID:nHKS18Pn37  
 
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