Brief: Goal Forward Says Ace Source To Acquire 520 Million Sale Shares Of Co From Classic Line

China Wantian Holdings

06/07/2021 16:04

July 6 (Reuters) - Goal Forward Holdings Ltd  1854.HK :
    * GOAL FORWARD HOLDINGS LTD -  ACE SOURCE TO ACQUIRE 520
MILLION
SALE SHARES OF CO FROM CLASSIC LINE
    * GOAL FORWARD - TRANSFER OF SALE SHARES AT A CONSIDERATION
OF
HK$78 MILLION
    * GOAL FORWARD HOLDINGS LTD -  CO TO ISSUE TO ACE SOURCE 252
MILLION SHARES AT A CONSIDERATION OF HK$37.8 MILLION
    * GOAL FORWARD - THERE IS AN UNDERSTANDING BETWEEN VENDOR
AND ACE
SOURCE TO ENABLE ACE SOURCE TO CONSOLIDATE CONTROL OF CO
    * GOAL FORWARD -  SOMERLEY WILL ON BEHALF OF ACE SOURCE MAKE
OFFER
TO SHAREHOLDERS TO BUY ALL SHARES OTHER THAN THOSE ALREADY HELD
    * GOAL FORWARD HOLDINGS LTD -  OFFER FOR ACQUISITION OF CO'S
SHARES AT HK$0.15 IN CASH

Source text for Eikon:  ID:nHKS1fqWww 
Further company coverage:  1854.HK 

 ((Reuters.Briefs@thomsonreuters.com;))