Brief: HRC World Buys Shares In Havana Dining Malaysia
15/09/2020 14:34
Sept 15 (Reuters) - HRC World PLC HRCW.CO :
* HRC WORLD PLC BUYS INTO HAVANA DINING MALAYSIA
* AGREED ACQUIRE AN EQUITY STAKE IN HAVANA DINING, A PREMIUM
DINING RESTAURANT SERVING CUBAN AND INTERNATIONAL CUISINE
LOCATED IN HEART OF KUALA LUMPUR
* CO HAS AGREED TO INVEST APPROXIMATELY EUR 1.2MIL IN CASH
TO
ACQUIRE 5,867,500 ORDINARY SHARES IN HCSB
* THIS REPRESENTS AN EQUITY STAKE OF 40% IN CAPITAL OF HCSB.
SIMILAR TO COMPANY'S PRIOR INVESTMENTS, THIS INVESTMENT IS MADE
WITHOUT ANY PREMIUM CONSIDERATION
Source text for Eikon: ID:nGNE5V4v0W
Further company coverage: HRCW.CO
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