Brief: Yinson Holdings Says Unit Enters SPA With Charisma Energy Services And Others

Khen Energy

21/08/2020 12:21

Aug 21 (Reuters) - Yinson Holdings Bhd  YINS.KL :
    * ENTERED SPA WITH SUNSEAP INTERNATIONAL, CHARISMA ENERGY
SERVICES
AND BHADLA SOLAR INVESTMENTS PTE
    * SPA FOR ACQUISITION OF 82.9 MILLION ORDINARY SHARES OF
INR13.26
EACH IN RISING SUN ENERGY PVT, REPRESENTING 57.5%
    * DEAL FOR TOTAL CASH CONSIDERATION OF INR1.10 BILLION
    * UPON COMPLETION OF THE PROPOSED ACQUISITION, YRS WILL HOLD
A 95%
STAKE IN RSE

Source text for Eikon:  ID:nKLSTgMRm 
Further company coverage:  YINS.KL 

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