Technology

Shares settle S Megga purchase

PUBLISHED : Tuesday, 28 March, 2000, 12:00am
UPDATED : Tuesday, 28 March, 2000, 12:00am

S Megga International Holdings has agreed to pay HK$50 million to acquire a 40 per cent interest in Internet content provider Act Power Enterprises. The deal will be settled by issuance and allotment of 125 million S. Megga shares at 40 cents each.