Brief: Great Harvest Maeta Group says Co and Vendors enters into Sale and Purchase Agreement

Great Harvest Maeta Holdings

23/12/2015 22:22

Dec 24 (Reuters) - Great Harvest Maeta Group Holdings Ltd  3683.HK : 
 * ...more major and connected transaction involving the issue of convertible bonds  3683.HK  
 * Says total consideration of US$54.0 million 
 * Says on 23 December 2015 company and the vendors entered into the sale and purchase agreement 
 * Consideration will be settled by way of issue of the convertible bonds 
 * Pursuant to agreement the company agreed to acquire from vendors the entire issued share capital of the target company 
 * "looking ahead, board is of view that difficulties and challenges will persist in dry bulk marine transportation market" 
 
 * Source text for Eikon  ID:nHKS2wy6px  
 
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