Brief: Hanison Construction says unit entered SPA for an acquisition
08/08/2016 15:21
Aug 8 (Reuters) - Hanison Construction Holdings Ltd 0896.HK : * Discloseable transaction in relation to the acquisition of sale shares and the assignment of sale loan 0896.HK * Vendor has conditionally agreed to sell the sale shares * Purchaser, an indirect wholly owned subsidiary of the company, entered into the sale and purchase agreement with the vendor * Deal for initial purchase price of hk$150mln * Esteemed Virtue is the purchaser; Lai Shu Chi, a natural person, being the vendor * Source text (http://bit.ly/2b34YuG) * ((Further company coverage: 0896.HK )) ((Bangalore.newsroom@thomsonreuters.com))
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