Brief: Kitchen Culture Says To Buy 300 Shares In Ooway Technology

SDAI

13/08/2020 16:32

Aug 13 (Reuters) - Kitchen Culture Holdings Ltd  KCHL.SI :
    * ENTERED INTO A SALE AND PURCHASE AGREEMENT AND A
SHAREHOLDERS'
AGREEMENT WITH OOWAY GROUP
    * DEAL FOR S$23.9 MILLION
    * PURCHASE CONSIDERATION WILL BE SATISFIED BY WAY OF
ALLOTMENT &
ISSUE OF 90 MILLION NEW ORDINARY SHARES IN CO'S CAPITAL TO
VENDOR
    * ISSUE PRICE OF CONSIDERATION SHARES S$0.2658 PER SHARE
    * DEAL TO BUY 300 ORDINARY SHARES IN CAPITAL OF OOWAY
TECHNOLOGY

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZc2M8GG
Further company coverage:  KCHL.SI 

 (Reuters.Briefs@thomsonreuters.com)