Brief: South Sea Petroleum issues business update

Elate Holdings

03/08/2016 09:41

Aug 3 (Reuters) - South Sea Petroleum Holdings Ltd  0076.HK : 
 * Agreement dated 23 may 2016 entered into between global select and independent third party buyer now under implementation 
 * Company has received HK$10 million irrevocable earnest money from the buyer 
 * Memorandum was signed between GSL and madagascar graphite; GSL shall pay MGL US$432 million as a partial purchase price 
 * Source text: (http://bit.ly/2aPaocP) 
 
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