Common Contracts
1 similar Sale and Purchase Agreement contracts
SALE AND PURCHASE AGREEMENTSale and Purchase Agreement • September 6th, 2020
On 26 March 2004, the Offeror entered into an unconditional sale and purchase agreement with Kuwait Investment Office in relation to the purchase of 71,172,395 Ordinary Shares, representing approximately 21.63% of the issued share capital of the Company at a price of HK$58 per Ordinary Share. The purchase price of HK$58 per Ordinary Share represents a discount of approximately 5.7% to the closing price of HK$61.50 per Ordinary Share as quoted on the Stock Exchange on 25 March 2004, being the last trading day prior to the date of this announcement. The consideration amounts to HK$4,127,998,910 and will be paid in cash by the Offeror on Completion. Completion of the Sale and Purchase Agreement is expected to take place on 6 April 2004.
