Brief: Cleantech Solutions International Enters Into Conditional Share Swap Agreement With Ever-Long Holdings Ltd To Enter Investment Management Business
06/12/2017 11:30
Dec 6 (Reuters) - Cleantech Solutions International Inc
CLNT.O :
* CLEANTECH SOLUTIONS INTERNATIONAL ENTERS INTO CONDITIONAL
SHARE
SWAP AGREEMENT WITH EVER-LONG HOLDINGS LIMITED TO ENTER
INVESTMENT MANAGEMENT BUSINESS
* CLEANTECH SOLUTIONS-UNIT ENTERED INTO CONDITIONAL SHARE
SWAP
AGREEMENT WITH EVER-LONG PARTIES TO BUY 51% INTEREST IN ISSUED
SHARE CAPITAL OF BRIGHTEN
* CLEANTECH SOLUTIONS - TERMS OF DEAL STIPULATE THAT
EVER-LONG
PARTIES SHALL TRANSFER 51% OF BRIGHTEN'S ISSUED SHARE CAPITAL
VALUED AT $16.4 MILLION
Source text for Eikon: ID:nPn50NPxva
Further company coverage: CLNT.O
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