Brief: Magnificent Hotel Investments Says Shareholder To Acquire 250 Shares In Postal Power & Debt At HK$13.1 Mln

Magnificent Hotel Investments

06/05/2021 13:21

May 6 (Reuters) - Magnificent Hotel Investments Ltd
 0201.HK :
    * SHAREHOLDER TO ACQUIRE FROM UNIT 250 SHARES OF HK$1.00
EACH IN
POSTAL POWER COMPANY AT HK$13.1 MILLION
    * AGREEMENT ALSO INCLUDES SHAREHOLDER PURCHASING OF 25% OF
EXISTING SHAREHOLDERS’ LOAN PAYABLE BY POSTAL POWER CO

Source text for Eikon:  ID:nHKS3cvhlY 
Further company coverage:  0201.HK 

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