Brief: Daohe Global says unit to sell stake in Shenzhen Guo Cai Sheng Tang Investment
10/08/2016 13:47
Aug 10 (Reuters) - Daohe Global Group Ltd 0915.HK : * Lapse of the option to acquire the second tranche sale interest relating to the share transaction and connected transaction disposal of 60% equity interests in Shenzhen guo cai sheng tang investment co. ltd. 0915.HK * Vendor, a wholly-owned subsidiary of the company, and the purchasers entered into the disposal agreement * Vendor agreed to sell and the purchasers agreed to acquire an aggregate of 60% equity interests in the target company * Purchasers agreed to acquire an aggregate of 60% equity interests in the target company at an aggregate consideration of hk$5mln * Linmark merchandise consultancy (Shenzhen) is the vendor; Shenzhen Guocai Lixin Investment Management, Wu Yueyun are purchasers * Target Company is Shenzhen Guo Cai Sheng Tang Investment Co. Ltd * Source text (http://bit.ly/2aFWYLd) * ((Further company coverage: 0915.HK )) ((Bangalore.newsroom@thomsonreuters.com))
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