Aug 4 (Reuters) - Monadelphous Group Ltd (MND) :
- Sale of loan in AnaeCo Limited (MND)
- Entered into a binding agreement with Xiaoqing Environmental Protection
Technology Company (XEPTC)
- At completion of the sale XEPTC will pay Monadelphous $11.5 million
- Agreement will result in XEPTC buying part of a convertible loan owed to
Monadelphous by AnaeCo Limited
- Expected that Monadelphous will hold 30% of AnaeCo'S issued share capital
upon conversion
- Debt purchased by XEPTC will convert into equity of AnaeCo, subject to
approval of AnaeCo'S shareholders
Aug 4 (Reuters) - Monadelphous Group Ltd (MND) : Sale of loan...
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