Brief: Pioneer Global Group says unit to acquire entire issued share capital of Maxforte
19/10/2016 13:28
Oct 19 (Reuters) - Pioneer Global Group Ltd 0224.HK :
* Total consideration for sale shares and sale loans is
based on agreed value of hk$648.0 million for property
* Application has been made to stock exchange for resumption
of trading of shares of company with effect from 20 oct
* Chance advance, entered into share purchase agreement with
wing hing electric trading co ltd, wong wing keung and glorious
ocean investment
* Agreement to acquire entire issued share capital of
maxforte, being holding company of property
Source text for Eikon: ID:nHKSb59Twl
Further company coverage: 0224.HK
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