Brief: Man Yue Technology's unit enters two sale and purchase agreements

Man Yue Technology Holdings

29/09/2016 15:39

Sept 29 (Reuters) - Man Yue Technology Holdings Ltd 
 0894.HK  
    * Purchaser, a wholly owned subsidiary of company, has 
entered into first agreement with first vendor 
    * Deal for first sale shares consideration of TWD92.2 
million 
    * Unit entered into second agreement with second vendor 
    * Second vendor agreed to sell and purchaser agreed to 
purchase second sale shares at a consideration of twd14.4 
million 
    * Both first consideration and second consideration will be 
funded through group's internal resources 
    * First vendor is china development industrial bank; second 
vendor is CDIB capital management; target company luminous town 
electric 
 
Source text for Eikon:  ID:nHKS15JhKJ  
Further company coverage:  0894.HK  
 
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