Pro Technology 160 million shares of 60% LED lighting manufacturer

Pro Technology <03823.HK> announced cost of $ 160 million acquisition of the Mainland and LED lighting manufacturers production of Lord Shang Yu Technology 60% stake, to be assured from the date of completion of twelve months from the profits of not less than 30 million yuan.
The price includes cash 30 million yuan; 40 million yuan promissory notes; and 90 million yuan of the Consideration Shares, involving the issue of 40 million shares, representing 4.33% of the enlarged share capital, the issue price of 2.25 yuan, compared with the previous day (7) closed at a premium of 2.27%. (De / d) Aspen NASDAQ Financial News