Brief: Culture Landmark Investment says Grand Nice International entered sales and purchase agreement

China Tangshang Holdings

25/10/2016 15:49

Oct 25 (Reuters) - Culture Landmark Investment Ltd  0674.HK  
    * offeror entered into spa I with vendor I 
    * offeror has conditionally agreed to purchase sale shares I 
    * Offeror entered into spa II with vendor II 
    * deal consideration  for spa I of hk$106.1 million 
    * share offer price of hk$0.33 for each share under share 
offer 
    * Spa ii for a total consideration of hk$29 million 
    * application has been made to stock exchange for resumption 
of trading in shares with effect from 9:00 a.m. On oct. 26 
    * vendor I is Cheng  and vendor II is Idea Elite Investments 
Limited 
    * offeror is Grand Nice International Limited 
 
Source text for Eikon:  ID:nHKS8LWkK6  
Further company coverage:  0674.HK  
 
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