Brief: Grand Concord says Global Wisdom Capital and Junfun Investment enter sale and purchase agreement

Greatime International Holdings

27/07/2016 24:13

July 27 (Reuters) - Grand Concord International Holdings Ltd  0844.HK : 
 
 * more joint announcement (1) agreement for sale and purchase of shares in  Grand Concord International Holdings Limited ; (2) possible mandatory  unconditional cash offer by ccb international capital limited on behalf of junfun investment lim 
 * The offeror, the vendor and the guarantors entered into the sale and purchase agreement 
 * Deal for for each offer share hk$1.592 in cash 
 * Application has been made for resumption of trading in the shares with effect from 9:00 a.m. on 27 July 2016 
 * Consideration for the sale shares pursuant to the sale and purchase agreement is hk$385 million 
 
* Source text for Eikon  ID:nHKS2fJ5sK  
 
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