Brief: Starlight Culture Entertainment Says Optima Capital Offers To Buy Shares, Convertible Bonds Of Co

Smart Digital Technology

14/09/2018 16:01

Sept 14 (Reuters) - Starlight Culture Entertainment Group
Ltd  1159.HK :
    * OPTIMA CAPITAL OFFERS TO BUY ALL SHARES & CONVERTIBLE
BONDS OF
STARLIGHT CULTURE ENTERTAINMENT
    * OFFER FOR ALL SHARES & CONVERTIBLE BONDS EXCEPT THOSE
OWNED OR
TO BE BOUGHT BY CICFH INVESTMENT MANAGEMENT
    * DEAL AT SHARE OFFER PRICE OF HK$0.8936 PER OFFER SHARE
    * DEAL FOR HK$328.2 MILLION
    * INTENDS TO FINANCE CONSIDERATION PAYABLE BY MARGIN
FACILITY OF
HK$284 MILLION OBTAINED FROM ZHONGTAI SECURITIES
    * APPLICATION MADE TO STOCK EXCHANGE FOR RESUMPTION OF
TRADING IN
SHARES FROM 9:00 A.M. ON 17 SEPT

Source text for Eikon:  ID:nHKSrQTNP 
Further company coverage:  1159.HK 

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