Brief: Major Holdings says unit entered into contract with Woo Thomas
29/08/2016 15:11
Aug 29 (Reuters) - Major Holdings Ltd 1389.HK : * Hldgs-discloseable transaction in relation to the acquisition of an asset 1389.HK * Purchaser, indirect wholly-owned subsidiary of the company, entered into the contract with the vendor * Pursuant to deal purchaser agreed to purchase and the vendor agreed to sell the yacht * The vendor agreed to sell the yacht at the consideration of hk$13.6 million * Consideration will be funded by the group's internal resources and/or borrowings * Purchaser is Major cellar company ltd and the vendor is woo thomas * Source text for Eikon ID:nHKS53xpWZ ((Further company coverage: 1389.HK )) ((Bangalore.newsroom@thomsonreuters.com))
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