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1124 — Coastal Greenland News Story

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Brief: Coastal Greenland says target company and purchaser entered into disposal agreement

Jan 20 (Reuters) - Coastal Greenland Ltd  1124.HK : 
 * On 11 January 2016 vendors, target company and the purchaser entered into disposal agreement 
 * Says no cash consideration is payable by the purchaser to the vendors under the disposal agreement 
 * Application made to for resumption of trading in the shares on the stock exchange from 9:00 a.m. on 21 January 2016 
 * Vendors agreed to transfer 100% equity interests in target co to purchaser at nil consideration and debt in of RMB470MLN to RMB570 million 
 * Source text for Eikon  ID:nHKS3KMPwZ  
 
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