Brief: Creative China Holdings enters sale and purchase agreement

Creative China Holdings

26/09/2016 10:29

Sept 26 (Reuters) - Creative China Holdings Ltd  8368.HK  :  
    * Creative China-discloseable Transaction: Acquisition Of 
51% Interest In Capital Land Digital Entertainment Co., Limited 
Involving Issue Of Consideration Shares Under General Mandate  
    * Company and vendors entered into sale and purchase 
agreement 
    * Co has agreed to designate a subsidiary of company to 
acquire and vendor has conditionally agreed to sell 51% of 
interest of target co 
    * Deal at maximum consideration of rmb122.4 million 
    * Capital injection to target company is rmb24 million 
 
Source text for Eikon:  ID:nHKS7DcBY9  
Further company coverage:  8368.HK  
 
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