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AGTech eyes acquisition to strengthen lottery solutions in China

16th July 2014 1:38 pm GMT

China’s AGTech Holdings is looking to strengthen its lottery services solutions in China with the proposed acquisition of Score Value Limited for a maximum consideration of HK$489.5m (€46.4m).

AGTech’s wholly-owned subsidiary, Silvercreek Technology Holdings, has entered into a memorandum of association (MoU) in relation to the proposed acquisition of a 100 per cent equity interest in Score Value.

Score Value is incorporated in the British Virgin Islands and owned by King Achieve Limited and Immense Wisdom Limited, [...]

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