Brief: ITC Corp was informed by vendor that vendor and Ace Pride Holdings entered into sale and purchase agreement

PT International Development

26/01/2017 13:19

Jan 26 (Reuters) - Itc Corp Ltd  0372.HK - 
    * Co was informed by vendor that on 23 January 2017 that 
vendor and offeror entered into sale and purchase agreement 
    * Application has been made by co to stock exchange for 
resumption of trading in shares on stock exchange with effect 
from 27 january 2017 
    * Pursuant to deal vendor agreed to sell and procure sale of 
1.15 billion shares for an aggregate consideration of hk$596.6 
million 
    * Offeror  being Ace Pride Holdings Limited; vendor being  
Chan Kwok Keung, Charles 
 
Source text for Eikon:  ID:nHKS2R7Fp6  
Further company coverage:  0372.HK  
 
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