Edition:
India

Victory Group Co Entered MOU For Potential Acquisition


Friday, 12 Jul 2019 

July 12 (Reuters) - Victory Group Ltd <1139.HK>::COMPANY ENTERED INTO A NON-BINDING MEMORANDUM OF UNDERSTANDING WITH AN INDEPENDENT THIRD PARTY.MOU IN RELATION TO POTENTIAL ACQUISITION OF A CO PRINCIPALLY ENGAGED IN PROVISION OF CONSTRUCTION SERVICES FOR HK$350 MILLION.TOTAL CONSIDERATION SHALL BE SETTLED AS TO HK$250 MILLION IN CASH, HK$100 MILLION BY COMPANY ALLOTTING AND ISSUING NEW SHARES OF HK$0.001 EACH. 

Company Quote

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21 Jan 2018