May 24 (Reuters) - Westrock Co
China Packaging Holdings Development updates on issue of additional consideration shares in relation to acquisition of Cable King
May 23 (Reuters) - China Packaging Holdings Development Ltd <1439.HK>:company entered into agreement with seller.co to pay seller additional consideration of hk$180 million in accordance with share purchase agreement.refers to issue of additional consideration shares in relation to acquisition of entire issued share capital in Cable King.
Lee & Man Paper Manufacturing Ltd <2314.HK> : Vendor and purchaser entered into agreement whereby vendor has agreed to sell and purchaser has agreed to purchase yacht . deal for consideration of hk$70.2 million . Vendor is Lee & Man Realty Investment Limited .Purchaser is Vantage Dragon Limited.
Beijing Enterprises Clean Energy Group Ltd <1250.HK> : Be Clean Energy-discloseable Transaction (1) The Cooperation Agreement (2) Acquisition Of The Entire Equity Interest In The Phase One Project Company (3) The Debt Settlement Agreement <1250.HK> . Subsidiary, owner and phase one project company entered into debt settlement agreement . Owner and subsidiary entered into equity transfer agreement . Pursuant to terms of equity transfer agreement, owner agreed to dispose of entire equity interest in phase one project company . For cooperation agreement, subject to terms to be set out in definitive sale and purchase agreement, phase one project price would be RMB477.6 million . Subsidiary, owner, phase one project company and phase two project company entered into cooperation agreement .Consideration payable for equity transfer is RMB4.1 million.
Lee & Man Paper Manufacturing Ltd <2314.HK>: Says Lee kwok entered into the facility agreements . Two facility agreements are in respect of two separate term loan facilities of hk$2 billion each . Deal with two consortiums of lenders, one with Hongkong And Shanghai Banking Corporation Ltd as agent and other with Hang Seng Bank Ltd as agent .
Huajun Holdings Ltd <0377.HK>: Hold-supplemental announcement - major transaction - land acquisition <0377.HK> . Says unit Shanghai Baohua Wanlong, successfully bid for the land use rights of the land through the auction . Tender at a bidding price of RMB2.31 billion . Says consideration will be settled by the bank borrowings and internal resources of the group . Land use rights grant contract was entered into between the Shanghai Minhang District Land Bureau and Shanghai Baohua Wanlong on 17th August .
Huajun Holdings Ltd <0377.HK>: Hold-voluntary announcement - land acquisition <0377.HK> . Shanghai Baohua Wanlong Real Estates successfully bid for the land use rights of the land in Minxing district, Shanghai, the Prc through auction . Says land was offered for sale by way of tender (the "Shanghai land acquisition") at a bidding price of RMB2.31 billion .
Beijing Enterprises Clean Energy Group Ltd <1250.HK>: Be Clean Energy-discloseable transaction acquisition of the entire equity interest in the project company <1250.HK> . Purchaser, the vendors and the project company entered into the equity transfer agreement . Purchaser shall acquire 60% and 40% of equity interest in the project company from the first vendor and the second vendor respectively . Says the consideration payable by the purchaser under the equity transfer agreement is RMB471.8 million . Says consideration will be financed by the internal resources and/or borrowings of the group .
Jiayao Holdings Ltd <1626.HK>: Continuing connected transactions: sale of paper cigarette packages <1626.HK> . Unit entered into the sichuan sale agreements, Chongqing sale agreements, hunan sale agreements and henan sale agreements .Agreements in relation to the sale of paper cigarette packages.