Brief: Sheng Yuan Holdings updates On Acquisition Of Controlling Interest In Financial Leasing Co
19/10/2018 13:58
Oct 19 (Reuters) - Sheng Yuan Holdings Ltd 0851.HK :
* PROPOSES ACQUISITION OF A CONTROLLING INTEREST IN A
FINANCIAL
LEASING COMPANY
* PROPOSED CONSIDERATION FOR TRANSACTION SHALL NOT BE MORE
THAN
HK$220 MILLION
* BOARD ANNOUNCES THAT ON 19 OCTOBER PARTIES AGREE TO
PROCEED WITH
PROPOSED TRANSACTION
Source text for Eikon: ID:nFWN1WZ07Z
Further company coverage: 0851.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Sheng Yuan Holdings
See all newsBrief: Sheng Yuan Expects HY Net Loss HK$11.2 Million
Brief: Sheng Yuan Logs FY Profit Attributable HK$9.7 Mln
Brief: Sheng Yuan Holdings Expects FY Profit Of Not Less Than HK$9.0 Million
Brief: Sheng Yuan Says Li Hongli Appointed As Executive Director, CEO
Brief: Sheng Yuan Holdings Expects HY Net Profit Drop To HK$5.3 Million