Brief: China Sandi Says Unit To Buy All Excel For HK$1,500 Mln
21/09/2018 15:54
Sept 21 (Reuters) - China Sandi Holdings Ltd 0910.HK :
* UNIT GRAND SUPREME TO BUY ALL EXCEL FROM PRIMARY PARTNER
INTERNATIONAL AT CONSIDERATION OF HK$1,500 MILLION
* SUBSTANCE OF ACQUISITION IS PROPERTY ASSETS HELD BY ALL
EXCEL
* CONSIDERATION TO BE SATISFIED BY CASH, ISSUE OF PROMISSORY
NOTE,
ISSUE OF CONSIDERATION SHARES AND ISSUE OF CONVERTIBLE BONDS
Source text: http://bit.ly/2xDqZZe
Further company coverage: 0910.HK
((Reuters.Briefs@thomsonreuters.com;))
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