January 28, 2018 / 10:49 PM / 25 days ago

BRIEF-Honma Golf Says Co And Itochu Corp Entered Into A Strategic Alliance Agreement​

Jan 29 (Reuters) - Honma Golf Ltd:

* ‍COMPANY AND ITOCHU CORP ENTERED INTO A STRATEGIC ALLIANCE AGREEMENT​

* HONMA GOLF -CO & ITOCHU WILL WORK TOGETHER TO DEVELOP CO‘S APPAREL BUSINESS IN JAPAN, AS WELL AS OTHER MARKETS

* HONMA GOLF -KOUUNN HOLDINGS TO DISPOSE OF 38.3 MILLION SHARES OF TO ITOCHU & 60.9 MILLION SHARES OF CO TO CHIA TAI PRIMROSE HOLDINGS

* ‍CONSIDERATION PAYABLE FOR DISPOSALS WILL BE HK$8.41 PER SHARE​ Source text for Eikon: Further company coverage:

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