Brief: Chuang's China Investments To Purchase Sale Shares And Share Loan From CHUANG'S CONSORTIUM INTERNATIONAL

Chuang's Consortium International

07/12/2017 08:45

Dec 7 (Reuters) - Chuang's China Investments Ltd  0298.HK : 
    * CCIL BOARD AND CC BOARD SAYS ON 7 DECEMBER 2017, CC AND 
CCIL 
ENTERED INTO SALE AND PURCHASE AGREEMENT 
    * CONSIDERATION OF PROPOSED TRANSACTION IS ABOUT HK$336 
MILLION 
    * PROPOSED TRANSACTION WILL GENERATE A NET GAIN TO CCIL 
GROUP OF 
ABOUT HK$1.5 MILLION 
    * CHUANG'S CHINA INVESTMENTS (CC) AGREED TO PURCHASE OR 
PROCURE 
PURCHASE OF, SALE SHARES AND SALE LOAN 
    * CHUANG'S CONSORTIUM INTERNATIONAL LIMITED (CCIL)AGREED TO 
SELL 
OR PROCURE SALE OF SALE SHARES AND SALE LOAN 
 
Source text for Eikon:  ID:nHKS1b12kW  
Further company coverage:  0298.HK  
 
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