Brief: Honma Golf Says Co And Itochu Corp Entered Into A Strategic Alliance Agreement

Honma Golf

28/01/2018 22:17

Jan 29 (Reuters) - Honma Golf Ltd  6858.HK : 
    * COMPANY AND ITOCHU CORP ENTERED INTO A STRATEGIC ALLIANCE 
AGREEMENT 
    * HONMA GOLF -CO & ITOCHU WILL WORK TOGETHER TO DEVELOP CO'S 
APPAREL BUSINESS IN JAPAN, AS WELL AS OTHER MARKETS 
    * HONMA GOLF -KOUUNN HOLDINGS TO DISPOSE OF 38.3 MILLION 
SHARES OF 
TO ITOCHU & 60.9 MILLION SHARES OF CO TO CHIA TAI PRIMROSE 
HOLDINGS 
    * CONSIDERATION PAYABLE FOR DISPOSALS WILL BE HK$8.41 PER 
SHARE 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS6LXT8l 
Further company coverage:  6858.HK  
 
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