Brief: Top Spring International enters into sale and purchase agreement with H-change

Top Spring International Holdings

15/08/2017 13:56

Aug 15 (Reuters) - Top Spring International Holdings Ltd 
 3688.HK  : 
    * Company entered into sale and purchase agreement with 
H-change 
    * To sell, and H-change to purchase, sale shares in Tai 
Xiang, Changzhou Top Spring, Shenzhen Water Flower, Nanchang Top 
Spring 
    * Aggregate value of consideration and intercompany loans 
shall be RMB13.33 billion 
    * Group will record net gain before taxation of about 
HK$7.93 billion from transactions under sale and purchase 
agreement 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS5YrWtY 
Further company coverage:  3688.HK  
 
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