Brief: Samson Holding says unit enters shares transfer agreement with New Success (HK)
01/09/2017 12:53
Sept 1 (Reuters) - Samson Holding Ltd 0531.HK :
* New Success (HK) agreed to purchase, entire issued share
capital in target company for total consideration of RMB480
million
* Estimated that proposed disposal will generate a gain of
about US$70 million
* Co's unit entered into the shares transfer agreement to
sell Lacquer Craft Manufacturing Co
Source text (http://bit.ly/2vxbnbt)
Further company coverage: 0531.HK
((Bangalore.newsroom@thomsonreuters.com;))
Recent news on Samson Holding
See all newsBrief: Samson Holding Says Withdrawal Of Listing Of Shares Will Become Effective On 7 Nov
Brief: Samson Holding Announces Proposed Privatisation Of Co By Glory Mount (HK)
Brief: Samson Holding Seeks Trading Halt
Brief: Samson Sees Profit In Range Of $3.3 Mln To $3.8 Mln For Year
Brief: Samson Holding Posts HY Revenue $215.6 Million