Brief: Gti Holdings Announces MoU With Asian Capital Partners To Acquire Gold Bricks Holdings
21/10/2019 24:15
Oct 21 (Reuters) - GTI Holdings Ltd 3344.HK :
* UNIT ENTERS MOU WITH ASIAN CAPITAL PARTNERS GROUP TO
ACQUIRE
GOLD BRICKS HOLDINGS
* DEAL FOR HK$150 MILLION
* CONSIDERATION TO BE SATISFIED BY ISSUE OF CONVERTIBLE
BONDS TO
ASIAN CAPITAL PARTNERS
* CONVERTIBLE BONDS MAY BE CONVERTED TO SHARES AT CONVERSION
PRICE
OF HK$0.12 PER SHARE
Source text for Eikon: urn:newsml:reuters.com:*:nHKSs6KPy
Further company coverage: 3344.HK
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