Brief: Kinetic Development Group Says Acquisition And Subscription Of Shares In Star Idea Enterprises
Dec 30 (Reuters) - Kinetic Development Group Ltd
1277.HK :
* ACQUISITION AND SUBSCRIPTION OF SHARES IN STAR IDEA
ENTERPRISES
* SUBSTANTIAL SHAREHOLDER OF CO TO SELL 36,500 SHARES IN
STAR IDEA
ENTERPRISES FOR US$62.8 MILLION
* CO AGREED TO SUBSCRIBE FOR 16,667 NEW SHARES IN STAR IDEA
ENTERPRISES FOR US$28.7 MILLION
Source text for Eikon: ID:nHKS85Qmp8
Further company coverage: 1277.HK
((Reuters.Briefs@thomsonreuters.com;))
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