Brief: Applied Development says indirect unit entered agreement with vendor

Novautek Technologies

04/02/2016 13:04

Feb 4 (Reuters) - Applied Development Holdings Ltd  0519.HK : 
 * Purchaser, an indirect wholly owned subsidiary of the company, entered into the agreement 
 * Agreement with the vendor whereby the purchaser agreed to purchase and the vendor agreed to sell the property 
 * Says the consideration will be funded by internal resources of the group 
 * Deal for a cash consideration of HK$47.1 million 
 * Source text for Eikon  ID:nHKSbQnp1H  
 
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