Brief: United Pacific Industries updates on MOU in relation to possible acquisition
07/07/2017 12:14
July 7 (Reuters) - United Pacific Industries Ltd 0176.HK :
* Announces memorandum of understanding in relation to
possible acquisition
* Consideration for possible acquisition will be RMB20
million
* Company intends to acquire 100% equity interest in
Shenzhen City Qianhai Wanke Financial Services
* Shenzhen City Qianhai Wanke Financial Services entered
into acquisition agreement for acquisition of Lijiang Hua Ou
Real Estate Company Limited
* Shenzhen City Qianhai Wanke Financial Services to acquire
Lijiang Hua Ou Real Estate at a consideration of RMB500 million
Source text for Eikon: ID:nHKS494x6D
Further company coverage: 0176.HK
((Bangalore.newsroom@thomsonreuters.com;))
Recent news on Superactive Co
See all newsBrief: Superactive Says Hang Seng Bank Enforces Disposal Of Superactive Group Properties
Brief: Superactive Says Yeung So Lai Resigns As Executive Director
Brief: Superactive Group Receives Writ Of Summons From Hong Kong Court
Brief: Superactive Group Reports Loss For Year Attributable HK$93.4 Mln
Brief: Superactive Group Entered Memorandum Of Understanding In Relation To Potential Cooperation