Brief: First Sponsor Group Says Unit Entered Agreement For Proposed Takeover of Double Wealthy Co

First Sponsor

10/02/2021 01:06

Feb 10 (Reuters) - First Sponsor Group Ltd  FSCA.SI :
    * UNIT ENTERED CONDITIONAL SALE & PURCHASE AGREEMENT WITH
CHUANG'S
CHINA INVESTMENTS LIMITED & CHUANG'S CHINA REALTY LTD
    * AGREEMENT RELATES TO UNIT'S PROPOSED ACQUISITION OF THE
ENTIRE
ISSUED SHARE CAPITAL OF DOUBLE WEALTHY COMPANY LTD
    * UNIT TO PAY AN ESTIMATED RMB1,564.1 MILLION AS
CONSIDERATION FOR
DOUBLE WEALTHY CO

Source text for Eikon:  ID:nSNZ1kjJpX 
Further company coverage:  FSCA.SI 

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