Brief: SOCAM Development Says Indirect Unit SOBC To Buy 10 Pct Of Pacific Extend
20/12/2017 11:24
Dec 20 (Reuters) - SOCAM Development Ltd 0983.HK :
* SOBC ENTERED SALE & PURCHASE AGREEMENT WITH WML & PATRICK
LO;WML
HAS AGREED TO SELL 10% OF ISSUED ORDINARY SHARES OF PEL
* DEAL AND SHAREHOLDER'S LOAN FOR A CONSIDERATION NOT MORE
THAN
HK$30 MILLION
Source text for Eikon: ID:nHKSbljswv
Further company coverage: 0983.HK
((Bangalore.newsroom@thomsonreuters.com;))
Recent news on SOCAM Development
See all newsBrief: Socam Development Expects HY Net Profit Attributable Of HK$28 Million-HK$33 Million
Brief: Socam Development Agrees Not To Exercise 1.5% Call Option For 3 SOCON Shares
Brief: SOCAM Development Posts FY Loss Attributable Hk$92 Million
Brief: SOCAM Development To Sell Unit For HK$100 Million
Brief: Socam Development Says To Buy 0.5% Of Issued Share Capital Of Shui On Contractors