April 26, 2018 / 2:27 PM / 8 months ago

BRIEF-Silver Base Group Says Unit To Buy Stake In Hongkong Hongrun Investment Development

April 26 (Reuters) - Silver Base Group Holdings Ltd :

* SILVER BASE HEALTHCARE PRODUCTS INVESTMENT TO BUY 51% STAKE IN HONGKONG HONGRUN INVESTMENT DEVELOPMENT FROM CHEN XIAOLONG

* CONSIDERATION FOR ACQUISITION WILL BE SATISFIED BY ISSUE OF CONSIDERATION SHARES TO CHEN XIAOLONG UNDER GENERAL MANDATE

* AS CONSIDERATION, UP TO A TOTAL OF 12 MILLION NEW SHARES TO BE ALLOTTED AND ISSUED TO VENDOR Source text for Eikon: Further company coverage:

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