Brief: Furniweb Holdings Units Enters Capital Transfer Agreement
13/01/2020 01:03
Jan 13 (Reuters) - Furniweb Holdings Ltd 8480.HK :
* UNITS ENTERED INTO CAPITAL TRANSFER AGREEMENT WITH AN
INDEPENDENT THIRD PARTY
* FOUR K INVESTMENT TO BUY CHARTER CAPITAL OF PREMIER
ELASTIC
WEBBING & ACCESSORIES (VIETNAM) CO
* TOTAL CONSIDERATION INVOLVED UNDER CAPITAL TRANSFER
AGREEMENT IS
$2.9 MILLION
* FOUR K INVESTMENT ALSO AGREED TO PAY AGREED SETTLEMENT
DEBT
Source text for Eikon: ID:nHKS5Dzbfr
Further company coverage: 8480.HK
((Reuters.Briefs@thomsonreuters.com;))
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