Jan 13 Advanced Card Systems Holdings Ltd
* On 9 January 2017 vendors and offeror entered into sale
and purchase agreement
* application has been made by company for resumption of
trading in shares on stock exchange with effect from 9:00 a.m.
On 13 january 2017.
* deal for total cash consideration of hk$521.8mln, being
approximately hk$2.66 per share
* vendors to sell aggregate of 196.2 million shares,
representing approximately 61.39% of entire issued share capital
* offeror is HNA Ecotech Pioneer Acquisition
Source text for Eikon:
Further company coverage: