Brief: Hour Glass Ltd buys watch retailing co for S$13.3 mln
28/10/2014 10:24
Oct 28 (Reuters) - Hour Glass Ltd HRGS.SI : * Says acquired 100% of the issued and paid-up share capital of Watches of Switzerland Pte. Ltd. * Says aggregate consideration paid for the acquisition is approximately S$13.3 million * Says purchase price was satisfied wholly in cash and was funded from internal resources * Acquisition not expected to have material impact on earnings per share of group for the current FY ending 31 March 2015 * Source text for Eikon ID:nSNZ9TDWD2 ((For more news, please click here HRGS.SI )) ((Bangalore Newsroom; +91 80 6749 1130))
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