Brief: Xin Yuan Enterprises Group Says Centennial Best Entered 2 Share Sale & Purchase Agreements
28/10/2019 13:46
Oct 28 (Reuters) - Xin Yuan Enterprises Group Ltd 1748.HK :
* CENTENNIAL BEST LIMITED CONTROLLING SHAREHOLDER OF CO
ENTERED
INTO TWO SHARE SALE AND PURCHASE AGREEMENTS
* HJ TECHNOLOGY TO BUY ABOUT 9% OF TOTAL ISSUED SHARE
CAPITAL OF
CO FOR AGGREGATE CONSIDERATION OF HK$55.8 MILLION
* WELL GRACE TO BUY 49.0 MILLION ORDINARY SHARES IN CO AT
HK$1.55
PER SALE SHARE FOR AGGREGATE CONSIDERATION OF HK$76.0 MILLION
Source text for Eikon: ID:nHKS7J8Md8
Further company coverage: 1748.HK
((Reuters.Briefs@thomsonreuters.com;))
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