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Brief: Pioneer Global Group says unit and purchasers enter sale and purchase agreement with sellers

Oct 7 (Reuters) - Pioneer Global Group Ltd  0224.HK : 
 * Connected transaction: acquisition of 4% interest in the target company  0224.HK  
 * On 7 October 2015, Kind Regent, a unit of co, and purchasers, entered into a sale and purchase agreement with sellers 
 * Total share purchase price for the 79.73% of the issued shares of the target company is RMB983.6 million 
 * Group's commitment for acquisition shall be RMB49.3 million which will be funded by internal resources 
 * Source text for Eikon  ID:nHKS8S9qFC  
 
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