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559 — DeTai New Energy News Story

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Brief: DeTai New Energy enters into cps transfer agreement with the purchasers

Sept 13 (Reuters) - DeTai New Energy Group Ltd  0559.HK : 
 * Company entered into the cps transfer agreement with the purchasers 
 * Intends to use net proceeds to settle part of the consideration of the 
   acquisition of emission particle solution Sweden ab 
 * Purchasers have agreed to purchase 651.4mln convertible preference shares at 
   price of hk$0.21 per convertible preference share 
 * Zhu and jumbo grand, being the purchasers 
 
* Source text for Eikon  ID:nHKSTDrYJ  
 
* ((Further company coverage:  0559.HK )) 
((Bangalore.newsroom@thomsonreuters.com))

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