Brief: China Tangshang Says Agreed To Buy Reach Glory At RMB315 Million
31/10/2022 13:20
Oct 31 (Reuters) - China Tangshang 0674.HK :
* CO HAS AGREED CONDITIONALLY TO BUY REACH GLORY AT RMB315
MILLION
* CONSIDERATION SHALL BE SETTLED BY WAY OF ISSUE AND
ALLOTMENT OF
534 MILLION CONSIDERATION SHARES AT AN ISSUE PRICE OF HK$0.2 PER
SHARE
* CO TO SETTLE CONSIDERATION BY ISSUING CONVERTIBLE BONDS
FOR
HK$249.2 MILLION
Source text for Eikon: ID:nHKS112bZ2
Further company coverage: 0674.HK
((Reuters.Briefs@thomsonreuters.com;))
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