Brief: FDG Electric Vehicles announces sale and purchase agreement

FDG Electric Vehicles

14/04/2016 15:43

April 14 (Reuters) - FDG Electric Vehicles Ltd  0729.HK : 
 * FIHL (a direct wholly-owned subsidiary of FDG), FDG and aleees entered into 
   the Ark Cayman sale and purchase agreement 
 * Deal for a consideration of hk$28 million 
 * FKIL (a direct wholly-owned subsidiary of FKL), FKL and aleees entered into 
   the ALEEES share subscription agreement 
 * Aleees conditionally agreed to allot and issue and FKIL conditionally agreed 
   to subscribe for aleees subscription shares 
 
* Source text for Eikon  ID:nHKS85WnvN  
 
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