Brief: Shanghai La Chapelle Fashion updates on share purchase agreements with Beijing Mingtongsiji Technology

Xinjiang La Chapelle Fashion Co

05/04/2017 13:08

April 5 (Reuters) - Shanghai La Chapelle Fashion Co Ltd 
 6116.HK  
    * Unit entered into share purchase agreement with BMT on 5 
april 2017 
    * LCEM has agreed to subscribe for new shares to be issued 
by bmt on terms and conditions set forth in share purchase 
agreement 
    * Aggregate consideration payable by lcem to bmt for 
investment is rmb15 million 
    * Legend Minzhi and other investors has entered or will 
enter into a share purchase agreement with BMT 
    * Share purchase agreement with BMT to subscribe for new 
shares on or around date of share purchase agreement 
    * BMT shall issue and allot to lcem the new shares at a per 
share price of rmb13.96 
 
Source (http://bit.ly/2o9rSpj) 
Further company coverage:  6116.HK  
 
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