Brief: AMCO United Holding updates on MOU
05/01/2016 14:53
Jan 5 (Reuters) - AMCO United Holding Ltd 0630.HK :
* Memorandum of understanding in respect of possible acquisition of not more than 30% of issued share capital in the target
* Says company entered into the memorandum of understanding ("mou") with alpha generator limited
* Says mou in relation to possible acquisition of not more than 30% of issued share capital of operations interior design consultant
* Consider that payment of the earnest money can secure exclusive negotiation right of the group in relation to the possible acquisition
* Co has agreed to, upon signing of the mou, pay to the prospective seller a sum of hk$3 million as earnest money
* Source text for Eikon ID:nHKS59xLlD
((For more news, please click here 0630.HK ))
((Bengaluru Newsroom; +91 80 6749 1130))
Recent news on AMCO United Holding
See all newsBrief: AMCO United Holding Disposes 24.6 Million BFB Health Shares For Hk$10.6 Million
Brief: Amco United Expects Profit Of Hk$59 Million For FY
Brief: Amco United Says Loss For Year Attributable HK$104.3 Million
Brief: AMCO United Says Made Aware That Chan Tsz Keung Is Being Investigated By Authority In HK
Brief: Amco United Holding Proposed Rights Issue