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8201 PPS International (Holdings) News Story

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Brief: PPS Intl updates on subscription of shares in Billionton Technology

Dec 12 (Reuters) - PPS Intl: 
     
    * Discloseable transaction subscription of shares in 
billionton Technology Group Limited involving grant of put 
option  
    * Billionton Technology Group limited as target company 
    * To allot and issue 222.2 million subscription shares for 
consideration of HK$15 million, equivalent to approximately 
HK$0.0675 /share 
    * Company entered into subscription agreement with target 
and Wu 
    * Target has conditionally agreed to allot and issue 222 
million subscription shares for consideration of HK$15 million 
 
Source text for Eikon:  ID:nHKS1GK6QN  
Further company coverage:  8201.HK  
 
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