Nov 8 (Reuters) - eCargo Holdings Ltd ECG.AX :
* 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