Nov 8 (Reuters) - eCargo Holdings Ltd (ECG) :
- TO PURCHASE METCASH'S CHINA EXPORT BUSINESS
- METCASH'S CHINA HEAD TO BE APPOINTED AS INTERIM CEO OF ECG
- AGREEMENT TO ACQUIRE 85% OF METCASH EXPORT SERVICES PTY LIMITED WHICH INCLUDES ITS CHINA-BASED SUBSIDIARY
- CONSIDERATION PAYABLE FOR ACQUISITION IS A$2.5 MILLION PLUS 85% OF NET ASSET VALUE OF BUSINESS