Brief: SHC Capital Asia entered into sale and purchase agreement

Yoma Strategic Holdings

24/10/2016 01:01

Oct 24 (Reuters) - SHC Capital Asia Ltd  SHCC.SI  
    * Entered into sale and purchase agreement with Yoma 
Strategic Investments, first myanmar investment company and 
exemplary ventures 
    * Deal for  consideration to be satisfied by issuance and 
allotment of new ordinary shares at issue price of S$0.263 per 
consideration share 
    * Pursuant to SPA, parties agree that purchase consideration 
for sale shares payable by company shall be s$70.7 million 
    * Co has appointed primepartners corporate finance . As its 
financial adviser 
 
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