Brief: Value Convergence Holdings & Ting Pang Wan Raymond Enter Into Non-Legally Binding MoU
13/06/2018 14:18
June 13 (Reuters) - Value Convergence Holdings Ltd
0821.HK :
* CO AND TING PANG WAN RAYMOND ENTERED INTO NON-LEGALLY
BINDING
MOU FOR PROPOSED ACQUISITION OF BRIGHT ELEMENT INVESTMENTS
* DEAL EXPECTED TO BE SATISFIED BY CO ISSUING CONVERTIBLE
BONDS TO
CONVERT INTO NEW SHARES AT HK$1.25 PER SHARE
Source text for Eikon: ID:nHKS8Rw2xZ
Further company coverage: 0821.HK
((Reuters.Briefs@thomsonreuters.com;))
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