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983 — SOCAM Development News Story

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Brief: Socam Development enters into sale and purchase agreement

Aug 4 (Reuters) - Socam Development Ltd  0983.HK : 
    * Company entered into sale and purchase agreement with 
purchasers, all being employees of Socon Group 
    * Co has agreed to sell representing 15% of issued share 
capital of Socon, for a total consideration of HK$75 million 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS2gM9mZ 
Further company coverage:  0983.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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