Brief: Manfield Chemical Updates On Transaction With Timenew Ltd

Pan Asia Data Holdings

13/11/2018 15:14

Nov 13 (Reuters) - Manfield Chemical Holdings Ltd  1561.HK :
    * GUANG MING HOLDINGS HAS CONDITIONALLY AGREED TO SELL 450
MILLION
SALE SHARES OF CO FOR HK$900 MILLION TO TIMENEW LTD
    * MADE APPLICATION FOR RESUMPTION OF TRADING IN SHARES ON
STOCK
EXCHANGE WITH EFFECT FROM 9:00 A.M. ON 14 NOV
    * TIMENEW WILL MAKE OFFER TO ACQUIRE ALL REMAINING OFFER
SHARES OF
150 MILLION SHARES AT HK$2/ SHARE FOR A TOTAL OF HK$300 MILLION

Source text for Eikon:  ID:nHKS4vSytk 
Further company coverage:  1561.HK 

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