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1856 - Ernest Borel Holdings News Story

HK$1.8 0.0  0.0%

Last Trade - 13/08/20

Consumer Cyclicals
Small Cap
Market Cap £61.9m
Enterprise Value £61.0m
Revenue £14.0m
Position in Universe 3543rd / 5989

BRIEF-Ernest Borel Holdings entered into non-legally binding MOU

Thu 11th May, 2017 2:33pm
May 11 (Reuters) - Ernest Borel Holdings Ltd  1856.HK : 
    * Entered into non-legally binding mou with vendor 
    * Mou in relation to its proposed acquisition of entire 
issued share capital of target company 
    * Proposed consideration for proposed acquisition is 
expected to be about HK$50 million 
    * Target company is Top Win International Trading Limited 
    * Co shall pay a refundable initial deposit in amount of 
HK$25 million to vendor within 5 business days from date of MOU 
Source text for Eikon:  ID:  
Further company coverage:  1856.HK  
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