Brief: Creative China Holdings updates on acquisition of Capital Land Digital Entertainment
07/09/2016 15:48
Sept 7 (Reuters) - Creative China Holdings Ltd 8368.HK : * Inside information framework agreement in relation to a possible acquisition 8368.HK * Company entered into the framework agreement with the vendors and the target company * Intends to designate a subsidiary to acquire and the vendors intend to sell 51% of the interest of the target company * Maximum consideration for the possible acquisition is intended to be set at RMB122.4 million * Target company is Capital Land Digital Entertainment * Source text for Eikon ID:nHKS8GH6cy ((Further company coverage: 8368.HK )) ((Bangalore.newsroom@thomsonreuters.com))
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