Brief: Huscoke Resources Says Unit To Buy 12.9 Mln Shares Of EDB Holding Ltd For HK$38.3 Mln

Huscoke Holdings

20/07/2018 15:21

July 20 (Reuters) - Huscoke Resources Holdings Ltd
 0704.HK :
    * TRUE TYCOON TO ACQUIRE 12.9 MILLION SALE SHARES OF EDB
HOLDING
LIMITED FOR HK$38.3 MILLION FROM MASSIVE LIGHT LIMITED
    * CO TO ISSUE 13.6 MILLION SUBSCRIPTION SHARES TO TRUE
TYCOON FOR
A TOTAL CASH CONSIDERATION OF RMB60 MILLION
    * DEAL AT ISSUE PRICE OF HK$0.295 PER CONSIDERATION SHARE

Source text for Eikon:  ID:nHKS1z48h7 
Further company coverage:  0704.HK 

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