Brief: Finsoft Financial Investment says unit entered into SP agreement

Finsoft Financial Investment Holdings

23/02/2017 13:09

Feb 23 (Reuters) - Finsoft Financial Investment Holdings Ltd 
 8018.HK : 
    * Unit and purchaser entered into SP agreement 
    * Deal at aggregate consideration of hk$9.8 million to be 
settled by purchaser in cash 
    * It is expected that group will record a gain of 
approximately HK$7.6 million as a result of disposal 
    * It is expected that consideration from disposal will be 
used for repayment of borrowings 
    * Purchaser has agreed to acquire, sale shares, representing 
51% of issued share capital of target 
    * Vendor is Winrange Investments, target is Wise Link 
International, purchaser is Billion Centrium Group 
 
Source text for Eikon:  ID:nHKS4WBqJL  
Further company coverage:  8018.HK  
 
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