Brief: Zall Development says unit entered into acquisition agreements with Vendors

Zall Smart Commerce

03/06/2016 14:21

June 3 (Reuters) - Zall Development Group Ltd  2098.HK : 
 * Voluntary announcement acquisition of equity interests in hfl, jiuyu asset management and hfs and setting up of Zall Financial group  2098.HK  
 * Deal for an aggregate consideration of RMB137.2 million 
 * Purchasers, each a unit of co, entered into acquisition agreements with harvest capital & new resource international 
 * Purchasers agreed to acquire entire equity interests in hfl and jiuyu asset management and 90% equity interests in hfs 
 * Zall Development Group Ltd  2098.HK  consideration for acquiring 90% equity interests in hfs of US$7 million 
 * Source text (http://bit.ly/1TNev3A) 
 
 
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