Brief: Furniweb Holdings Announces Acquisition Of Entire Issued Share Capital Of Meinaide Holdings
12/03/2019 15:02
March 12 (Reuters) - Furniweb Holdings Ltd 8480.HK :
* ANNOUNCES ACQUISITION OF ENTIRE ISSUED SHARE CAPITAL OF
MEINAIDE HOLDINGS GROUP
* DEAL FOR HK$140.0 MILLION
* CONSIDERATION TO BE SATISFIED BY ALLOTMENT & ISSUE OF 56
MILLION
SHARES AT ISSUE PRICE OF HK$2.50 PER SHARE TO TRIUMPH STAR
GLOBAL
Source text for Eikon: ID:nHKS6PpWNW
Further company coverage: 8480.HK
((Reuters.Briefs@thomsonreuters.com;))
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