Brief: Starlight Culture Entertainment Entered MoU With Asia Culture And Entertainment Group
15/07/2021 16:30
July 15 (Reuters) - Starlight Culture Entertainment Group
Ltd 1159.HK :
* STARLIGHT CULTURE ENTERTAINMENT GROUP LTD - ENTERED
NON-LEGALLY
BINDING MOU WITH ASIA CULTURE AND ENTERTAINMENT GROUP
* STARLIGHT CULTURE ENTERTAINMENT - MOU FOR POSSIBLE
ACQUISITION
BY CO OF NOT LESS THAN 51% STAKE IN ASIA CULTURE AND
ENTERTAINMENT GROUP
* STARLIGHT CULTURE ENTERTAINMENT - CONSIDERATION FOR
POSSIBLE
ACQUISITION WILL BE SATISFIED VIA NEW SHARES OF CO AT A PER
SHARE PRICE OF HK$1.65
Further company coverage: 1159.HK
((Reuters.Briefs@thomsonreuters.com;))
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