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BRIEF-Shanghai Industrial enters into sale and purchase agreement
September 30, 2016 / 3:02 PM / a year ago

BRIEF-Shanghai Industrial enters into sale and purchase agreement

Sept 30 (Reuters) - Shanghai Industrial Holdings Ltd :

* Shanghai Ind H-discloseable And Connected Transaction - Acquisition Of Indirect Equity Interest In A Company Engaged In The Operation Of Hangzhou Bay Bridge

* Deal for consideration of HK$1.8 billion

* SIIC (as vendor) and Si Infrastructure (as purchaser) entered into sale and purchase agreement

* Pursuant to deal it was conditionally agreed that Si Infrastructure shall acquire sale share and benefit of sale loan from SIIC

* Consideration will be funded by internal resources of group Source text for Eikon: Further company coverage:

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