Brief: China Hainan Rubber's SPV Plans To Acquire 36% Stake In Halcyon Agri Corp For $180.9 Mln
Nov 16 (Reuters) - China Hainan Rubber Industry Group Co
Ltd 601118.SS :
* SAYS ITS SPV PLANS TO ACQUIRE 574.2 MILLION SHARES, OR
36.0%
STAKE, IN HALCYON AGRI CORPORATION LIMITED FROM SINOCHEM
INTERNATIONAL OVERSEAS PTE LTD FOR ABOUT $180.9 MILLION
* SAYS IT WILL BECOME HAC'S INDIRECT CONTROLLING SHAREHOLDER
AFTER
THE TRANSACTION
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Further company coverage: 601118.SS
(Reporting by Hong Kong newsroom)
((twinnie.siu@tr.com; 852-3462 7715;))
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