ECG ecargo holdings limited
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Nov 8 (Reuters) - eCargo Holdings Ltd (ECG) : TO PURCHASE...

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    08/11/18
    19:45
    Post #: 36438853

    Nov 8 (Reuters) - eCargo Holdings Ltd (ECG) :

    • TO PURCHASE METCASH'S CHINA EXPORT BUSINESS
    • METCASH'S CHINA HEAD TO BE APPOINTED AS INTERIM CEO OF ECG
    • AGREEMENT TO ACQUIRE 85% OF METCASH EXPORT SERVICES PTY LIMITED WHICH INCLUDES ITS CHINA-BASED SUBSIDIARY
    • CONSIDERATION PAYABLE FOR ACQUISITION IS A$2.5 MILLION PLUS 85% OF NET ASSET VALUE OF BUSINESS
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