Century City International Holdings Ltd. Announces Shareholder Meeting for Approval of SP Transaction

Reuters
Jul 29
Century City International Holdings Ltd. Announces Shareholder Meeting for Approval of SP Transaction

Century City International Holdings Ltd. has announced plans for a significant M&A transaction involving the disposal and repayment of the shareholder's loan by Waterman House Investments Limited, the target company. The transaction is part of the Share Purchase Agreement and involves various components, including the disposal. Grand Modern Investments Limited, which holds approximately 52.7% of Century City's issued share capital, has committed to supporting the transaction. The special general meeting of Century City will be convened for shareholders to consider and approve the transaction.

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