Purchase Agreement Sample Contracts

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Purchase Agreement • April 29th, 2019

The Board of Directors of First Myanmar Investment Public Co., Ltd. (the “Company” and with its subsidiaries, the “Group”) wishes to announce that Memories Group Limited (“Memories Group”), an affiliated company of the Company, has entered into shares purchase agreement (“Shares Purchase Agreement”) with Oakfame Investment Limited (“Oakfame”) and its holding company, Sun Hung Kai & Co. Limited (“SHK”), for the proposed acquisitions of 1,696,636 shares in the capital of Strand Hotel International Limited (“Target”) which represents 15.28% of the total issued and paid up shares of the Target (“Proposed Acquisition”) in accordance with and subject to the terms and conditions as stipulated in the Shares Purchase Agreement

Standard Contracts