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1124 — Coastal Greenland News Story

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Brief: Coastal Greenland Says Coastal International Holdings To Sell Aggregate Of Co's 153.1 Mln Shares

Oct 17 (Reuters) - Coastal Greenland Ltd 1124.HK:

POSSIBLE MANDATORY CONDITIONAL CASH OFFER

COASTAL INTERNATIONAL HOLDINGS INTENDED TO SELL AGGREGATE OF CO'S 153.1 MILLION SHARE

TAO QIAN LIMITED IS STILL CARRYING OUT ITS DUE DILIGENCE INVESTIGATION ON COMPANY

PARTIES ARE YET TO ENTER INTO FORMAL SALE AND PURCHASE AGREEMENT

Further company coverage: 1124.HK

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

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