Brief: Solomon Systech International Entered into product purchase and asset purchase agreement

Solomon Systech (International)

01/11/2016 10:57

Nov 1 (Reuters) -    Solomon Systech International Ltd 
 2878.HK : 
    * Company also entered into product purchase and sale 
agreement with seller 
    * Asset purchase agreement at cash consideration of usd17 
million 
    * Solomon systech international ltd- company agreed to 
purchase, and seller conditionally agreed to sell, product at a 
cash consideration of usd6 million 
    * Entered into asset purchase agreement, pursuant to which 
co agreed to purchase target assets 
    * Seller is microchip technology incorporated 
 
 
     
     
    Source text: (http://bit.ly/2evhArI) 
    Further company coverage:  2878.HK  
 
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