May 16, 2017 / 11:09 AM / 2 months ago

BRIEF-Hong Fok Corporation says unit entered into SPA

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May 16 (Reuters) - Hong Fok Corporation Ltd:

* Unit on 16 May 2017 entered into a sale and purchase agreement with an unrelated third party individual

* Aggregate consideration for acquisition was HK$12.7 million

* Deal to acquire entire issued share capital of King Dynasty Limited

* Acquisition is expected to have no material impact on consolidated earnings per share of company for current financial year Source text for Eikon: Further company coverage:

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