Brief: SGOCO Entered Share Exchange Agreement For Entire Of Paris Sky Ltd

TROOPS

21/05/2018 21:57

May 21 (Reuters) - SGOCO Group Ltd  SGOC.O :
    * SGOCO GROUP LTD - CO, UNIT ENTERED INTO A SHARE EXCHANGE
AGREEMENT FOR THE ENTIRE ISSUED SHARE CAPITAL OF PARIS SKY
LIMITED - SEC FILING
    * SGOCO GROUP - ACQUISITION SHALL BE CONSUMMATED FOR
ALLOTMENT OF
3.9 MILLION ORDINARY SHARES OF CO TO LEUNG IRIS CHI YU AT AGREED
VALUE OF HK$30.3 MILLION
    * SGOCO GROUP - DEAL SHALL ALSO BE CONSUMMATED FOR TRANSFER
OF 49%
INTEREST IN CENTURY SKYWAY, UNIT OF CO, TO LEUNG AT AGREED VALUE
OF HK$126.1 MILLION
    * SGOCO GROUP - DEAL SHALL ALSO BE CONSUMMATED FOR TRANSFER
OF
48.9% INTEREST IN BOCA INTERNATIONAL , A UNIT OF CO, AT AGREED
VALUE OF HK$184.8 MILLION
    * SGOCO GROUP - DEAL SHALL ALSO BE CONSUMMATED FOR ISSUANCE
OF
PROMISSORY NOTE TO LEUNG OF HK$27.1 MILLION, BEARING 8%
INTEREST, BY GIANT CONNECTION LIMITED

Source text: (https://bit.ly/2IF2Mdq)
Further company coverage:  SGOC.O 

 ((Reuters.Briefs@thomsonreuters.com;))