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752 — Pico Far East Holdings News Story

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Brief: Pico Far East Holdings Says Pico North America To Buy 60% Of Infinity Marketing Team

June 24 (Reuters) - Pico Far East Holdings Ltd  0752.HK :
    * PICO NORTH AMERICA TO PURCHASE 60% OF INFINITY MARKETING
TEAM
FROM INFINITY INTERNATIONAL HOLDING
    * PURCHASE PRICE PAYABLE TO INFINITY INTERNATIONAL HOLDING
CONSISTS OF AS TO US$16.5 MILLION
    * CLOSING ALSO TOOK PLACE ON 24 JUNE

Source text for Eikon:  ID:nHKSR0PTg 
Further company coverage:  0752.HK 

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

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