November 7, 2016 / 12:53 PM / 9 months ago

BRIEF-Co-Prosperity holdings says purchaser has agreed to acquire 10% of issued share capital of target company

Nov 7 (Reuters) - Co-prosperity Holdings Ltd :

* Purchaser has conditionally agreed to acquire and accept, 10% of issued share capital of target company

* Deal for consideration of hk$30 mln

* Star Platinum entered into strategic cooperation deed with Star Gaze group and guarantor

* Deal in relation to cooperation in media and entertainment production.

* Purchaser is Eastern Culture , guarantor is Choi Lok Yin Kingston and target company is Star Gaze Entertainment Group

* Vendor has agreed to provide profit guarantee in relation to target group's net profit in full-year period Source text for Eikon: Further company coverage:

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