Brief: New Silkroutes says unit entered a sale and purchase agreement

Coolan

01/03/2016 02:18

Mar 1 (Reuters) - New Silkroutes Group Ltd  NEWS.SI : 
 * Proposed acquisition & call option to acquire 51% & 49% respectively of 
Stamford management)  NEWS.SI  
 * Unit entered a sale and purchase agreement 
 * Unit entered a call option agreement 
 * Sale and purchase agreement for a consideration amount of up to s$24.48 
million 
 * Consideration for call option agreement amount of up to s$23.52 million 
 * Proposed acquisition and proposed call option are expected to provide an 
additional revenue stream for the group 
 
 * Source text for Eikon  ID:nSNZ5H4kRy  
 
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