Brief: Royale Furniture Updates On A Share Purchase Agreement

Royale Home Holdings

06/06/2019 02:42

June 6 (Reuters) - Royale Furniture Holdings Ltd  1198.HK :
    * SCIENCE CITY (HONG KONG) INVESTMENT TO BUY FROM GREAT
DIAMOND
DEVELOPMENTS 218.4 MILLION SHARES OF HK$0.10 EACH OF CO FOR
HK$257.7 MILLION
    * APPLICATION MADE BY CO FOR RESUMPTION OF TRADING IN SHARES
WITH
EFFECT FROM 9:00 A.M. ON JUNE 6, 2019
    * TO ISSUE 433.1 MILLION NEW SHARES, REPRESENTING 20% STAKE
OF CO,
AT HK$1.02/SHARE TO SCIENCE CITY (HONG KONG) INVESTMENT

Source text for Eikon:  ID:nHKS6VTHBh 
Further company coverage:  1198.HK 

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