Brief: GTI Holdings Announces MoU For Possible Acquisition
18/09/2019 24:51
Sept 18 (Reuters) - GTI Holdings Ltd 3344.HK :
* ANNOUNCES MOU FOR POSSIBLE ACQUISITION OF ENTIRE ISSUED
SHARES
IN GOLD BRICKS HOLDINGS LIMITED, AND GOLD POND INTERNATIONAL
* CONSIDERATION FOR POSSIBLE ACQUISITION IS EXPECTED TO BE
NOT
LESS THAN HK$150 MILLION
* TARGET ASSETS ARE ACCOUNTS RECEIVABLES IN AGGREGATE AMOUNT
OF
ABOUT HK$500 MILLION
Source text for Eikon: ID:nHKS57Y6kX
Further company coverage: 3344.HK
((Reuters.Briefs@thomsonreuters.com;))
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