Brief: S E A Holdings Says Unit To Sell All Stake In Three Special Purpose Vehicles
17/12/2021 15:20
Dec 17 (Reuters) - S E A Holdings Ltd 0251.HK :
* UNIT TO SELL AND ASSIGN ALL ISSUED SHARES IN EACH OF ASIA
BRIGHT, STAR GALAXY AND FINANCE COMPANY
* AGGREGATE CONSIDERATION OF ABOUT HK$2,086.3 MILLION
* GROUP'S SHAREHOLDING INTERESTS IN EACH OF ASIA BRIGHT,
STAR
GALAXY AND FINANCE COMPANY HAS INCREASED FROM 10% TO 14.5%
* TO PROVIDE 4.5% ADDITIONAL GUARANTEE OF TOTAL LIABILITIES
UNDER
BANKING FACILITIES GRANTED TO SKY ASIA, WHICH AMOUNTS TO
HK$429.8 MILLION
Source text for Eikon: ID:nHKS6wbGWk
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