Reuters logo
BRIEF-Digital China Holdings updates on possible acquisition of interest in HC International
April 24, 2017 / 1:29 PM / 7 months ago

BRIEF-Digital China Holdings updates on possible acquisition of interest in HC International

April 24 (Reuters) - Digital China Holdings Ltd:

* Announcement - framework agreement in repsect of possible disposal of interest in a joint venture company and possible acquisition of interest in Hc International, Inc.

* Co will procure sale of and Hc International will procure acquisition of JV interest, representing 60% of interest in Chongqing Micro-Credit

* Pursuant to agreement, it is proposed that both consideration of disposal & total subscription price for HC subscription shares shall be HK$1.23 billion Source text (bit.ly/2oDB3L9) Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below