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1105 - Sing Tao News News Story

HK$0.88 0.0  0.0%

Last Trade - 1:00am

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £72.1m
Enterprise Value £14.0m
Revenue £76.8m
Position in Universe 3779th / 6094

BRIEF-Sing Tao News Corp Says Luckman Trading To Sell About 28% Of Stake In Co

Wed 3rd February, 2021 5:21am
Feb 3 (Reuters) - Sing Tao News Corp Ltd  1105.HK :
    * TALKS BETWEEN CHAIRMAN AND PREVIOUS POTENTIAL PURCHASER
ARE
TERMINATED ON POSSIBLE SALE OF INTEREST IN CO
    * ON 28 JAN, CHAIRMAN AND LUCKMAN TRADING ENTERED SALE AND
PURCHASE AGREEMENT WITH VAST RESOURCES INTERNATIONAL
    * LUCKMAN TRADING TO SELL ABOUT 28% OF STAKE IN CO AT
HK$1.50/SALE
SHARE FOR HK$369.8 MILLION
    * MADE APPLICATION FOR RESUMPTION OF TRADING OF SHARES FROM
1:00
P.M. ON 3 FEB

Source text for Eikon:  ID:nHKS1pt37z 
Further company coverage:  1105.HK 

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