Brief: Magnificent Hotel Investments updates on termination of asset purchase agreement

Magnificent Hotel Investments

24/04/2017 11:05

April 24 (Reuters) - Magnificent Hotel Investments Ltd 
 0201.HK : 
    * Boards consider it is in best interests of companies not 
to proceed with acquisition 
    * Boards of cos consider that termination of agreement will 
not have any material impact on business or financial position 
of co 
    * Asset purchase agreement was terminated and deposits paid 
to vendors under asset purchase agreement will be refunded in 
full to purchaser 
 
Source text for Eikon:  ID:nHKS6G0WNy  
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