Brief: Top Spring International says Beijing Huaxia to purchase interest in Shenzhen Sheng Shuo

Top Spring International Holdings

08/07/2016 10:46

July 8 (Reuters) - Top Spring International Holdings Ltd  3688.HK : 
 
 * Discloseable transaction exercise of the pre-emptive rights over the 51% 
equity interest in Sanhe Xue Zhe Zhi Jia by Beijing Huaxia and disposal of 
Shenzhen Sheng Shuo  3688.HK  
 * June Hong Da, an indirect wholly-owned subsidiary of the company, entered 
into the share transfer agreement with Beijing Huaxia 
 * Beijing Huaxia agreed to purchase, the entire equity interest in Shenzhen 
Sheng Shuo. 
 * Consideration shall be RMB445.8 million 
 * Top spring international says consideration shall be payable by Beijing 
huaxia in cash on or before 20 August 2016 
 * Source text for Eikon  ID:nHKS8f3szh  
 
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