Brief: Cogobuy Group Says Unit To Buy Entire Equity Interest In Shanghai KMT

Ingdan

18/01/2018 14:32

Jan 18 (Reuters) - Cogobuy Group  0400.HK : 
    * UNIT TO BUY FROM KMT AUTOMATION PARENT CO. ENTIRE EQUITY 
INTEREST IN SHANGHAI KMT AND SHANGHAI KMT AUTOMATION AND THE 
ASSETS 
    * UNDER THE DEAL, KMT AUTOMATION PARENT CO. AGREES TO 
SUBSCRIBE 
30% OF ENLARGED ISSUED SHARE CAPITAL OF COGOBUY SUB AFTER 
COMPLETION 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS2H6FhY 
Further company coverage:  0400.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))