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BRIEF-Pegasus Entertainment updates on sale of shares by a controlling shareholder
December 20, 2016 / 1:58 PM / a year ago

BRIEF-Pegasus Entertainment updates on sale of shares by a controlling shareholder

Dec 20 (Reuters) - Pegasus Entertainment Holdings Ltd

* Controlling shareholder entered into a conditional sale and purchase agreement with Anhuixinke New Materials Co., Ltd.

* Controlling shareholder Honour Grace to sell and Anhuixinke to purchase 776.1 million shares at HK$0.0025 for a total consideration of HK$194.2 million Source text for Eikon: Further company coverage: (Bengaluru Newsroom; +1 646 223 8780; )

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