Brief: Longitech Smart Energy says unit entered into agreement

Xinda Investment Holdings

27/04/2017 16:18

April 27 (Reuters) - Longitech Smart Energy Holding Ltd 
 1281.HK : 
    * Unit entered into first agreement & second agreement with 
Lightway Power, Fountain Crest  
    * Under first agreement First Lightway Power agreed to sell, 
first sale shares for hk$123.5 million 
    * Consideration for first acquisition will be satisfied 
through issuance of 42.6 million shares at hk$2.90 per share to 
Lightway Power 
 
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