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BRIEF-Soundwill Holdings says Asiaciti Investments entered into a sale and purchase agreement
June 7, 2017 / 11:21 AM / 2 months ago

BRIEF-Soundwill Holdings says Asiaciti Investments entered into a sale and purchase agreement

June 7 (Reuters) - Soundwill Holdings Ltd:

* Asiaciti Investments Ltd entered into a sale and purchase agreement with Glory Genius International Investment Ltd

* Agreement for a consideration of HK$455.6 million

* Deal in relation to sale and purchase of entire issued share capital of Honest Merit International Group and assignment of sale loan

* Net proceeds from disposal currently estimated to be approximately HK$388.6 million Source text for Eikon: Further company coverage:

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