Brief: Shen You Holdings Announces Acquisition Of Diamond Motto Ltd

Harbour Equine Holdings

18/08/2020 16:15

Aug 18 (Reuters) - Shen You Holdings Ltd  8377.HK :
    * ANNOUNCES ACQUISITION OF DIAMOND MOTTO LTD
    * AGGREGATE CONSIDERATION HK$14.5 MILLION
    * TO BUY DIAMOND MOTTO LTD FROM AN INDIVIDUAL, LOYAL GRACE
INVESTMENTS & OTHERS
    * CONSIDERATION SHALL BE SATISFIED BY CO BY WAY OF ALLOTMENT
AND
ISSUE OF A TOTAL OF 337.2 MILLION CONSIDERATION SHARES

Source text for Eikon:  ID:nHKS4hlJ74 
Further company coverage:  8377.HK 

 ((Reuters.Briefs@thomsonreuters.com;))