Brief: Vision Values says unit to buy Power Able Enterprises for HK$51 mln

Vision Values Holdings

16/12/2016 10:15

Dec 16 (Reuters) - Vision Values Holdings Ltd  0862.HK  
    * discloseable Transaction Acquisition Of The Entire Issued 
Share Capital Of The Target Company  
    * Purchaser, a wholly-owned subsidiary of company, entered 
into agreement with vendor 
    * Purchaser agreed to purchase sale share and sale loan at 
total purchase price of hk$51 million 
    * Total purchase price will be satisfied by balance of 
proceeds raised in 2013 through placing of new shares 
    * Purchaser is Star Power Global & target co is Power Able 
Enterprises 
 
Source text for Eikon:  ID:nHKS7pNNXG  
Further company coverage:  0862.HK  
 
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