Brief: Hao Tian International Construction Investment Enters Non Legally-Binding Letter Of Intent

Aceso Life Science

05/07/2024 12:00

July 5 (Reuters) - Hao Tian International Construction
Investment Group Ltd  1341.HK :
    * ENTERED INTO NON LEGALLY-BINDING LETTER OF INTENT
    * PRELIMINARY EXPECTED CONSIDERATION FOR DEAL RMB1.5 BILLION
    * EXPRESSED INTENTION TO ACQUIRE AGGREGATE OF 49.42% STAKE
OF
WISDOM GROUP HOLDINGS
    * DEAL TO BE SATISFIED 50% BY CASH & 50% BY ISSUANCE OF
SHARES OF
CO AT ISSUE PRICE OF HK$0.7 PER SHARE

Further company coverage:  1341.HK 

 ((Reuters.Briefs@thomsonreuters.com;))