Brief: Sino Splendid updates on acquisition of 10% issued capital in Novaqua Holdings
19/09/2016 14:40
Sept 19 (Reuters) - Sino Splendid Holdings Ltd 8006.HK : * Discloseable transaction acquisition of 10% issued capital in novaqua holdings limited 8006.HK * Says purchaser, a wholly owned subsidiary of the company, and the vendor entered into the agreement * Consideration of hk$20 million shall be paid to the vendor in cash upon completion * Says purchaser has agreed to acquire 10% issued share capital in the target * Target is Novaqua Holdings * Source text for Eikon ID:nHKS6RLkRk ((Further company coverage: 8006.HK )) ((Bangalore.newsroom@thomsonreuters.com))
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