Brief: Food Idea Holdings Says Unit To Buy Sale Shares Of Palinda Holding Group

Palinda group

22/10/2018 14:22

Oct 22 (Reuters) - Food Idea Holdings Ltd  8179.HK :
    * ARROW VISION LTD TO ACQUIRE SALE SHARES OF PALINDA HOLDING
GROUP
AT HK$76 MILLION
    * CONSIDERATION TO BE MET BY ISSUE OF HK$55.7 MILLION SHARES
AT
HK$0.131 PER SHARE BY CO & HK$20.3 MILLION BY ISSUE OF
PROMISSORY NOTE BY UNIT

Source text for Eikon:  ID:nHKS1Fqn9d 
Further company coverage:  8179.HK 

 ((Reuters.Briefs@thomsonreuters.com;))