Brief: Jete power acquires 39% of issued share capital of Novel Sino Group Holdings

Jisheng group

27/09/2016 23:07

Sept 28 (Reuters) - Jete Power-(1) Discloseable Transaction: 
The Acquisition Of 39% Issued Share Capital Of Novel Sino Group 
Holdings Limited; And (2) Change Of Use Of Proceeds From Placing 
Of Unlisted Warrants  8133.HK  
 
    * The purchaser agreed to acquire from vendor sale shares at 
a consideration of hk$10mln 
    * Purchaser is New Way Capital Resources limited and vendor 
is Yang Bingzhong 
    * Purchaser entered into acquisition agreement with vendor 
    * The consideration shall be settled by purchaser in cash at 
completion 
 
Source text for Eikon:  ID:nHKS6zylR4  
Further company coverage:  8133.HK  
 
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