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BQC — A-Smart Holdings News Story

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Brief: A-Smart Holdings enters binding term sheet with Pair International Corp

Dec 22 (Reuters) - A-Smart Holdings Ltd  ASMA.SI  
    * Binding Term Sheet To Form A Joint Venture 
    * Company and pair have agreed to explore formation of a 
joint venture entity (joint venture entity) in singapore 
    * Jv to carry out business of selling, leasing, servicing 
and maintaining green technology systems manufactured by Pair in 
Southeast Asia 
    * Company has entered into a binding term sheet on 22 
december 2016 (term sheet) with Pair International Corp 
    * Execution of term sheet not expected to have material 
effects earnings per share of group for year ending 31 july 2017 
 
Source text for Eikon:  ID:nSNZbl2gXK  
Further company coverage:  ASMA.SI  
 
 ((Bangalore.newsroom@thomsonreuters.com ;))

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