BRIEF-Wai Hung Group Says Co & Individual Mutually Agreed To Terminate Subscription Agreement

Reuters2023-12-08

Dec 8 (Reuters) - Wai Hung Group Holdings Ltd :

* CO AND INDIVIDUAL HAVE MUTUALLY AGREED TO TERMINATE SUBSCRIPTION AGREEMENT WITH IMMEDIATE EFFECT

* COPIOUS ASTUTE LIMITED AND DAILY CHARM ENTERED INTO A CONDITIONAL SALE AND PURCHASE AGREEMENT

* COPIOUS ASTUTE HAS CONDITIONALLY AGREED TO SELL 19.50% OF ISSUED SHARE CAPITAL OF CO FOR HK$20 MILLION

* TRADING IN SHARES WILL REMAIN SUSPENDED PENDING FULFILMENT OF ALL RESUMPTION CONDITIONS

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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