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439 Genesis Scale Holdings News Story

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Brief: Kuangchi Science says unit and Gilo entered into investment agreement

Jan 16 (Reuters) - Kuangchi Science Ltd  0439.HK : 
    * Advance summit, a wholly-owned subsidiary of company, and 
gilo entered into investment agreement 
    * Advance summit will subscribe for new capital of gilo and 
acquire certain existing ordinary shares of gilo 
    * Subscription of new capital of gilo at a total 
consideration of gbp22.8 million 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS6Wxk3r 
Further company coverage:  0439.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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