Brief: Niraku GC Holdings updates on termination of agreement
15/06/2016 14:52
June 15 (Reuters) - Niraku GC Holdings Inc 1245.HK : * Discloseable transaction in relation to the acquisition of 66.7% interest in nha trang holdings limited - termination of the agreement 1245.HK * On 15 June 2016, the company has, after careful consideration, decided not to proceed with the acquisition * Board considers that termination of agreement does not have any material adverse effect on operations, financial position of group * Has reserved right to demand refund of HK$10 million being the first part of the consideration paid on date of agreement * Source text for Eikon ID:nHKS63t2xS ((For more news, please click here 1245.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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