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Brief: Hafary says JV company enetered into agreement for estate of Pang Teck Wah

May 20 (Reuters) - Hafary Holdings Ltd  HFRY.SI : 
 
 * Joint venture for the proposed acquisition of shophouse)  HFRY.SI  
 * Purchase consideration for the proposed acquisition is s$4.1 million 
 * The jv co has entered into a sale and purchase agreement with the 
administrator for the estate of pang teck wah 
 * Proposed acquisition will be financed through bank borrowings and internal 
resources of the company 
 * Proposed acquisition is not expected to have any material impact on earnings 
per share for current financial year ending 31 December 2016 
 * Source text for Eikon  urn:newsml:reuters.com:*:nSNZkw6sB 
 
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