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BRIEF-Pioneer Global Group says unit to acquire entire issued share capital of Maxforte
October 19, 2016 / 12:36 PM / a year ago

BRIEF-Pioneer Global Group says unit to acquire entire issued share capital of Maxforte

Oct 19 (Reuters) - Pioneer Global Group Ltd :

* Total consideration for sale shares and sale loans is based on agreed value of hk$648.0 million for property

* Application has been made to stock exchange for resumption of trading of shares of company with effect from 20 oct

* Chance advance, entered into share purchase agreement with wing hing electric trading co ltd, wong wing keung and glorious ocean investment

* Agreement to acquire entire issued share capital of maxforte, being holding company of property

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