Brief: Zhong Ao Home Group says unit agreed to purchase sale shares of target co

Zhong Ao Home

26/07/2016 09:40

July 26 (Reuters) - Zhong Ao Home Group Ltd  1538.HK : 
 
 * Major transaction  1538.HK  
 * Deal for at a total consideration of RMB210 million 
 * The purchaser, an indirect non-wholly owned subsidiary of the company, 
entered into the agreement with the vendors 
 * Says consideration is to be settled by cash through internal financial 
resources of company and listing proceeds 
 * Zhong Ao Home investment agreed to purchase sale shares,representing 70% of 
registered capital of target co 
 * Source text for Eikon  ID:nHKS9LRwN7  
 
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