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559 — DeTai New Energy News Story

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Brief: Detai New Energy Group says unit entered into sale and purchase agreement

Jan 25 (Reuters) - Detai New Energy Group Ltd  0559.HK : 
    * Purchaser, a wholly-owned subsidiary of company, and 
vendor entered into sale and purchase agreement 
    * Deal for consideration of HK$35.6 million 
    * Agreement pursuant to which vendor has agreed to sell sale 
shares, representing 5% of issued share capital of target 
company 
    * Purchaser is Noble Advantage Limited; vendor is Key Vision 
Holdings Limited 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS81B4Pw 
Further company coverage:  0559.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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