Brief: Fulum Group updates of potential disposal of 75 pct of co by certain shareholders
05/09/2016 12:57
Sept 5 (Reuters) - Fulum Group Holdings Ltd 1443.HK : * Informed by yeung that China Sage, Yc Yeung,Yk Yeung And Leung, being potential vendors, entered into mou on 2 sep'16 after trading hours * Mou with Heaven-Sent Group, being potential purchaser, for possible disposal of shares held by potential vendors in the company * Potential vendors in aggregate held 75% of the issued share capital of the co; potential disposal may result in change in control of co * Application has been made for the resumption of trading in the shares with effect from 9:00 a.m. on 6 September 2016 * Source text (http://bit.ly/2c5IZRY) * ((Further company coverage: 1443.HK )) ((Bangalore.newsroom@thomsonreuters.com))
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