Business NewsMarketWire • Huazhang Technology Will Acquire a Logistics And Warehouse Centre in Guangdong Province at a Consideration of Approximately HK$205 Million

Huazhang Technology Will Acquire a Logistics And Warehouse Centre in Guangdong Province at a Consideration of Approximately HK$205 Million

Huazhang Technology Will Acquire a Logistics And Warehouse Centre in Guangdong Province at a Consideration of Approximately HK$205 Million

HONG KONG, CHINA--(Marketwired - Jun 18, 2017) - Huazhang Technology Holding Limited ("Huazhang" or the "Group") (HKSE: 1673) is pleased to announce that, the Company will acquire the entire issued share capital of the Target Company and the shareholder's loan, at an aggregate consideration of approximately HK$205 million, which would be satisfied in full by the Company's issue of the Consideration Shares upon Completion.

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