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8073 China Shuifa Singyes New Materials Holdings News Story

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Brief: China Singyes New Materials Holdings To Buy Huabei Ltd From Amata Ltd

Sept 12 (Reuters) - China Singyes New Materials Holdings Ltd
 8073.HK :
    * COMPANY TO BUY 100 PERCENT STAKE IN HUABEI LIMITED FROM
AMATA
LIMITED AT RMB50.25 MILLION
    * CONSIDERATION OF RMB50.25 MILLION SHALL BE SETTLED BY CO
BY
ISSUE OF 40 MILLION CONSIDERATION SHARES AT ISSUE HK$1.44 PER
SHARE

Source text for Eikon:  ID:nHKS9Rwx6h 
Further company coverage:  8073.HK 

 ((Reuters.Briefs@thomsonreuters.com;))

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