Brief: Digital China Holdings updates on possible acquisition of interest in HC International
24/04/2017 12:37
April 24 (Reuters) - Digital China Holdings Ltd 0861.HK :
* Announcement - framework agreement in repsect of possible
disposal of interest in a joint venture company and possible
acquisition of interest in Hc International, Inc. 0861.HK
* Co will procure sale of and Hc International will procure
acquisition of JV interest, representing 60% of interest in
Chongqing Micro-Credit
* Pursuant to agreement, it is proposed that both
consideration of disposal & total subscription price for HC
subscription shares shall be HK$1.23 billion
Source text (http://bit.ly/2oDB3L9)
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