Brief: Orange Sky Golden Harvest Entertainment updates on sale & purchase agreement

Orange Sky Golden Harvest Entertainment (Holdings)

29/09/2017 15:56

Sept 29 (Reuters) - Orange Sky Golden Harvest Entertainment 
(Holdings) Ltd  1132.HK  
    * Vendor (unit of Village Roadshow), unit of co, Village 
Roadshow and co entered into sale & purchase agreement 
    * Consideration will be funded by proceeds of disposal of 
City Entertainment Corporation 
    * In event that completion is on or before 15 October 2017, 
s$174 million is payable by unit of co 
    * In event that completion is after 15 October but on or 
before 30 November, S$176 million is payable by unit of co 
    * In event that completion is after 30 Nov 2017 but on or 
before 22 Dec 2017, S$177 million is payable by unit of co 
 
Source text for Eikon:  ID:nHKS8jF1mp  
Further company coverage:  1132.HK  
 
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