Brief: Fullshare Holdings says co and fund entered into share purchase agreement
26/07/2017 15:58
July 26 (Reuters) - Fullshare Holdings Ltd 0607.HK :
* Company & fund entered into share purchase agreement
* Fund has agreed to purchase entire issued share capital of
BVI SPV together with assignment of fullshare-five seasons
shareholder loan from co to fund
* Deal at an aggregate consideration of S$108.7 million
* Expected that group will not recognize any gain or loss in
its consolidated income statements from disposal
* Proceeds from disposal will be used as equity contribution
to fund to assist with acquisition of share capital of target co
Source text for Eikon: ID:nHKSc2nCxv
Further company coverage: 0607.HK
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