Brief: Cleantech Solutions International Enters Into Conditional Share Swap Agreement With Ever-Long Holdings Ltd To Enter Investment Management Business

Styland Holdings

06/12/2017 11:30

Dec 6 (Reuters) - Cleantech Solutions International Inc 
 CLNT.O : 
    * CLEANTECH SOLUTIONS INTERNATIONAL ENTERS INTO CONDITIONAL 
SHARE 
SWAP AGREEMENT WITH EVER-LONG HOLDINGS LIMITED TO ENTER 
INVESTMENT MANAGEMENT BUSINESS 
    * CLEANTECH SOLUTIONS-UNIT ENTERED INTO CONDITIONAL SHARE 
SWAP 
AGREEMENT WITH EVER-LONG PARTIES TO BUY 51% INTEREST IN ISSUED 
SHARE CAPITAL OF BRIGHTEN 
    * CLEANTECH SOLUTIONS - TERMS OF DEAL STIPULATE THAT 
EVER-LONG 
PARTIES SHALL TRANSFER 51% OF BRIGHTEN'S ISSUED SHARE CAPITAL 
VALUED AT $16.4 MILLION 
 
Source text for Eikon:  ID:nPn50NPxva  
Further company coverage:  CLNT.O  
 
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