Brief: Hua Xia Healthcare applies for resumption of trading

Good Fellow Healthcare Holdings

01/12/2015 22:54

Dec 1 (Reuters) - Hua Xia Healthcare Holdings Ltd  8143.HK : 
* Memorandum of understanding in relation to the possible acquisition of the entire issued share capital in (i) glowing smart investment limited and (II)best mode investment development limited and resumption of trading  8143.HK  
* Purchaser, an indirect wholly-owned subsidiary of the company, as purchaser entered into the non-legally binding mou 
* MOU with the vendor, as vendor in relation to the possible acquisition. 
* Application has been made for the resumption of trading of the shares with effect from 9:00 a.m. on Wednesday, 2 December 2015 
* Consideration for the possible acquisition shall be not more than HK$1.20 billion 
* Consideration for possible agreement payable by purchaser to vendor could be paid by the purchaser in cash or by allotting and issuing new shares 
* Net profit after taxation for entire FY after the completion shall not be less than HK$90 million 
 
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