Brief: Easyknit International Holdings Announces Acquisition And Disposal Agreements With Eminence Enterprise

Easyknit International Holdings

21/11/2018 11:00

Nov 21 (Reuters) - Easyknit International Holdings Ltd
 1218.HK :
    * SONIC HOVER LIMITED TO ACQUIRE WELLMAKE INVESTMENTS LTD
AND ITS
SHAREHOLDER LOAN FOR HK$470 MILLION
    * A GAIN OF ABOUT HK$9.2 MILLION IS EXPECTED TO ACCRUE TO
EASYKNIT
ON COMPLETION OF EASYKNIT SALE AGREEMENT
    * APPLICATION MADE TO STOCK EXCHANGE  FOR RESUMPTION OF
TRADING IN
EASYKNIT SHARES FROM 9:00 A.M. ON 22 NOV
    * GOLD ANCHOR DEVELOPMENTS TO ACQUIRE ALL THE  ISSUED SHARES
IN
TOTAL EXPECT & PROCURE SHAREHOLDER LOAN AT HK$1.04 BILLION
    * A GAIN OF ABOUT HK$20.8 MILLION IS EXPECTED TO ACCRUE TO
EMINENCE ON COMPLETION OF EMINENCE SALE AGREEMENT

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS3pXwrz
Further company coverage:  1218.HK 

 ((Reuters.Briefs@thomsonreuters.com;))