Brief: Hopefluent Group Announces Restructuring Involving Acquisition And Deemed Disposal

Hopefluent group

09/05/2018 13:41

May 9 (Reuters) - Hopefluent Group Holdings Ltd  0733.HK :
    * ON MAY 7 CO, UNIT, POLY REAL ESTATE ENTERED INTO
COOPERATION
AGREEMENT FOR REAL ESTATE AGENCY BUSINESS COOPERATION BETWEEN
PARTIES
    * AS PART OF CONSIDERATION CO TO ALLOT &  ISSUE NEW SHARES
TO POLY
REAL ESTATE (OR ITS NOMINEE) AT ISSUE PRICE OF HK$4.20 PER SHARE
    * DEAL FOR ACQUISITION BY HOPEFLUENT CHINA OF POLY
CONSULTANCY,
FOR ISSUE BY HOPEFLUENT CHINA OF 43.9% OF ALL STAKE TO POLY REAL
ESTATE
    * MADE APPLICATION TO STOCK EXCHANGE FOR RESUMPTION OF
TRADING IN
SHARES WITH EFFECT FROM 9:00 A.M. ON 10 MAY
    * UPON COMPLETION OF RESTRUCTURING, POLY REAL ESTATE WILL
OWN
43.9% OF ENTIRE EQUITY INTERESTS IN HOPEFLUENT CHINA

Source text for Eikon:  ID:nHKS57Rc9v 
Further company coverage:  0733.HK 

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