Brief: Eforce Holdings Says Unit Enters Acquisition Agreement With Lim Kim Chai

Zhongzheng International

19/01/2018 13:46

Jan 19 (Reuters) - Eforce Holdings Ltd  0943.HK : 
    * UNIT & LIM KIM CHAI ENTERED ACQUISITION AGREEMENT, TO BUY 
SALE 
SHARES AND SALE LOAN AT AGGREGATE CONSIDERATION OF HK$662.4 
MILLION 
    * VISION SOUTH TO ACQUIRE FROM LIM KIM CHAI SALE SHARES AND 
SALE 
LOAN AT AGGREGATE CONSIDERATION OF HK$662.4 MILLION 
    * CONSIDERATION TO BE SATISFIED BY HK$238.7 MILLION IN CASH 
& BY 
WAY OF ALLOTMENT AND ISSUE OF CONSIDERATION SHARES BY CO 
    * WILL ALLOT AND ISSUE 1.57 BLN CONSIDERATION SHARES AT 
PRICE OF 
HK$0.27 PER CONSIDERATION SHARE TO LIM KIM CHAI 
 
Source text for Eikon:  ID:nHKS97bbJ5  
Further company coverage:  0943.HK  
 
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