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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