Brief: Country Garden Services Announces Possible Acquisition Of Hopefluent Shares By CGS HK

Country Garden Services Holdings

06/11/2023 17:11

Nov 6 (Reuters) - Country Garden Services Holdings Co
Ltd  6098.HK :
    * POSSIBLE ACQUISITION OF HOPEFLUENT SHARES BY CGS HK FROM
CHINA-NET HOLDING LTD.
    * EXECUTIVE DIRECTOR AND UNIT OWNED BY EXECUTIVE DIRECTOR 
ENTERED
INTO STRATEGIC COOPERATION AGREEMENT
    * CHINA-NET HOLDING INTENDS TO SELL  71,640,000 HOPEFLUENT
SHARES
    * TOTAL CONSIDERATION FOR SALE SHARES WILL BE HK$115.3
MILLION
    * COUNTRY GARDEN PROPERTY SERVICES HK AGREED TO SUBSCRIBE
FOR 27.0
MILLION NEW HOPEFLUENT SHARES
    * TOTAL CONSIDERATION FOR SUBSCRIPTION SHARES IS HK$43.4
MILLION

Source text for Eikon:  ID:nHKS35v0DS 
Further company coverage:  6098.HK 

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