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918 — Majestic Dragon AeroTech Holdings News Story

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Brief: Takson updates on acquisition of stake by State Energy HK

Sept 23 (Reuters) - Takson Holdings: 
    * Application has been made by company to stock exchange for 
resumption of trading in shares on stock exchange with effect 
from 9:00 a.m. On 23 September 2016 
    * Total cash consideration for sale shares pursuant to share 
purchase agreement is HK$487.2 million 
    * Offer price of HK$0.9463 
    * Offeror intends to finance and satisfy total consideration 
payable by offeror under offer of HK$246.5 million from loan 
facility granted by Huarong Intl Securities 
 
Source text for Eikon:  ID:nHKS8nDSqy  
Further company coverage:  0918.HK  
 
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