BRIEF-SMI Holdings Group To Buy Singmeng Telemedia Holdings

Dec 4 (Reuters) - SMI Holdings Group Ltd:

* CO TO PURCHASE SINGMENG TELEMEDIA HOLDINGS, EXPECTS CONSIDERATION TO BE LESS THAN HK$980 MILLION

* CONSIDERATION TO BE SATISFIED BY ALLOTMENT & ISSUE OF NEW SHARES UPON COMPLETION AT AN ISSUE PRICE OF HK$2.30 PER SHARE Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)