Brief: Tianjin Teda Biomedical Engineering Says Settlement Agreement On Stake Buy In SJKGC

Tianjin Teda Biomedical Engineering Co

01/08/2023 13:19

Aug 1 (Reuters) - Tianjin TEDA Biomedical Engineering Co
Ltd  8189.HK :
    * SETTLEMENT AGREEMENT IN RELATION TO ACQUISITION OF
SHAREHOLDING
INTEREST IN SJKGC
    * SETTLEMENT AGREEMENT IN RELATION TO ACQUISITION OF
SHAREHOLDING
INTEREST IN SJKGC
    * PARTIES CONFIRMED SHU JU KU GREATER CHINA DID NOT
SATISFACTORILY
FULFILL MECHANISM 1 & MECHANISM 2
    * CO, HONG KONG TEDA, SHU JU KU INC AND SHU JU KU GREATER
CHINA
ENTERED FINAL SETTLEMENT AGREEMENT
    * PARTIES AGREE PROCEEDS OF RMB1.4 MILLION FROM SALE OF
SHARES
PAID TO CO SHALL BE FINAL SETTLEMENT OF COMPENSATION
    * PROCEEDS FROM SALE OF SHARES TO BE FINAL SETTLEMENT OF
COMPENSATION PAYABLE TO CO BY SHU JU KU INC

Source text for Eikon:  ID:nHKS4fK48Y 
Further company coverage:  8189.HK 

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