Brief: China High Speed Transmission Equipment Group Says Unit Of Fullshare enters MOU

Fullshare Holdings

18/01/2018 12:23

Jan 18 (Reuters) - Fullshare Holdings Ltd  0607.HK : 
    * FIVE SEASONS XVI LIMITED & JI CHANGQUN ENTERED INTO MOU 
WITH AN 
INDEPENDENT THIRD PARTY 
    * FULLSHARE AND CHS HAVE APPLIED FOR RESUMPTION OF TRADING 
IN 
THEIR SHARES ON STOCK EXCHANGE FROM  19 JAN 2018 
    * MOU REGARDING POSSIBLE CONDITIONAL PARTIAL CASH OFFER FOR 
MORE 
THAN 50% BUT NOT EXCEEDING 75% STAKE IN CHS 
    * FIVE SEASONS, UNIT OF FULLSHARE, HOLDS ABOUT 73.91% OF 
ENTIRE 
ISSUED SHARE CAPITAL OF CHS 
    * ACCEPTANCE OF PROPOSED OFFER (IF COMPLETED) WILL INVOLVE 
SELLING 
SHARES IN UNIT OF FULLSHARE 
    * JI, CEO OF FULLSHARE IS ALSO PERSONALLY INTERESTED ABOUT  
1.09% 
OF ENTIRE ISSUED SHARE CAPITAL OF CHS 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS90yFKW 
Further company coverage:  0607.HK  
 
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