Share issue to fund deal

PUBLISHED : Wednesday, 05 April, 2000, 12:00am
UPDATED : Wednesday, 05 April, 2000, 12:00am
 

Four Seas Mercantile Holdings (FSM) has agreed to acquire Hong Kong Ham Holdings, Homeright Properties and Yaohan (Yanwin) Food for HK$125.9 million from its majority-owned Four Seas Frozen Food Holdings. The purchase will be satisfied by issuing 86.71 million FSM shares at HK$1.42 each.


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