November 14, 2017 / 3:09 PM / a month ago

BRIEF-China ITS Holdings announces acquisition of 58 pct interest in CEECGLOBAL LIMITED

Nov 14 (Reuters) - China Its Holdings Co Ltd

* Unit to‍ subscribe for subscription shares, of CEECGLOBAL LIMITED, at subscription price of RMB84 million

* Uunit to purchase 40 percent of entire issued share capital of ceecglobal ltd for RMB78.4 million from Totland International Ltd​

* Consideration for acquisition satisfied by allotment & issue of 87.6 million shares by co to Totland International​ at issue price HK$0.503/share Source text for Eikon: Further company coverage:

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