Brief: Finsoft Financial Investment says entered into agreement to acquire 40% interest in Ultimate Elite Investments

Finsoft Financial Investment Holdings

05/12/2016 14:53

Dec 5 (Reuters) -    Finsoft Financial Investment Holdings 
Ltd  8018.HK : 
    * Finsoft financial investment holdings ltd- purchaser, a 
wholly-owned subsidiary of company, and vendor entered into sp 
agreement 
    * Deal  at consideration of hk$48.8 million 
    * Finsoft financial - vendor has agreed to sell and 
purchaser has agreed to acquire sale shares, representing 40% of 
issued share capital of target 
    * Finsoft financial investment-group funded consideration as 
to hk$10.2 million by proceeds from disposal and as to hk$38.6 
million by borrowings and internal resources of group 
    * Finsoft financial investment - vendor is praiseful moment 
limited, purchaser is winrange investments ltd and the target is 
Ultimate Elite Investments 
 
 
     
     
     
    Source text for Eikon:  ID:nHKS5gGWtL  
    Further company coverage:  8018.HK  
 
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