Brief: Noble Century updates on MOU in relation to possible acquisition

Modern Innovative Digital Technology

22/11/2016 12:34

Nov 22 (Reuters) - Noble Century Investment Holdings Ltd 
 2322.HK : 
    * co and vendor entered into mou in relation to possible 
acquisition of not less than 51% equity interest in target co 
    * consideration is expected to be satisfied by co by way of 
cash, allotment, issue of new shares at price of hk$0.83 per 
share 
    * consideration expected to be satisfied by issue of new 
and/or issue of convertible bonds carrying rights to convert 
into new shares 
 
Source text for Eikon:  ID:nHKS98Msbw  
Further company coverage:  2322.HK  
 
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