Brief: Icp Ltd proposes investment in a hotel

ICP

15/06/2017 13:56

June 15 (Reuters) - Icp Ltd  ICPL.SI  
    * Deal for proposed investment in a hotel 
    * Total amount of shareholder's loan amount to be 
contributed by MHI 1 shall be up to hk$7.8 million 
    * unit entered into shareholders' agreement with ever trade 
to subscribe for 226 new shares to be issued by robust century 
at issue price of US$1 per share 
    * Shareholders' loan agreement shall also be entered into 
between MHI 1, ETL and RCL whereby both MHI 1 and ETL shall 
advance loans to rcl 
    * Proceeds from share subscriptions & shareholder loans will 
be utilised by its unit, new tweak to acquire 100% interest in 
leader fortune 
 
Source text for Eikon:  ID:nSNZ6Lx1zQ  
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