Brief: Chinlink International enters acquisition and loan deals

Chinlink International Holdings

07/02/2017 22:07

Feb 8 (Reuters) - Chinlink International Holdings Ltd 
 0997.HK  
    * Company, purchaser, vendor, and Li entered into 
acquisition agreement 
    * Deal for HK$96 million 
    * Purchaser conditionally agreed to purchase sale loan 
representing all debts owing by target group to Li for HK$216 
million 
    * Proposes consolidation on basis that every 25 shares of 
HK$0.0125 each will be consolidated into 1 consolidated share of 
HK$0.3125 
    * Purchaser is Glorious Harvest Limited; vendor is Bestwin 
International Investment Limited; target is Zhong Hui Global 
Limited 
 
Source text for Eikon:  ID:nHKS7vylmG  
Further company coverage:  0997.HK  
 
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