Brief: Taung Gold International says unit entered agreement with New Promise International
27/12/2016 22:21
Dec 28 (Reuters) - Taung Gold International Ltd 0621.HK
* unit, seller and guarantor entered into agreement
* guarantor has agreed to guarantee seller's obligations
under agreement.
* guarantor is new promise international
* Deal for consideration of hk$146 million
* seller has conditionally agreed to sell sale shares
* target co is China Reko Garok Minerals Investment
Corporation, Ma Chi Kwan is seller and bright quality management
ltd is purchaser
Source text for Eikon: ID:nHKS6hJKjl
Further company coverage: 0621.HK
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