Aug 6 (Reuters) - Loudong General Nice Resources China Holdings Ltd
0988.HK :
* Says subsidiary of the company, and the vendor entered into the sp agreement
* Consideration for the acquisition is hk$510 million
* Consideration shall be settled by way of allotment and issue of 500 million consideration shares
* Pursuant to agreement vendor has conditionally agreed to sell sale shares, representing 100% of issued share capital of target co
* Target co holds 30% equity interests in rockeast, which is engaged in exploration and production of oil and natural gas in Canada
* Source text for Eikon ID:nHKS8KGYfp
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