Brief: Kiu Hung International Holdings Enters MoU With Julian International Group Co

AOM International

18/03/2019 14:48

March 18 (Reuters) - Kiu Hung International Holdings Ltd
 0381.HK :
    * ENTERED INTO MOU WITH JULIAN INTERNATIONAL GROUP CO OVER
POSSIBLE ACQUISITION.
    * CONSIDERATION FOR CERTAIN EQUITY INTERESTS OF TARGET
COMPANY IS
ESTIMATED TO BE HK$800 MILLION
    * ENTERS MOU WITH JULIAN INTERNATIONAL GROUP OVER POSSIBLE
ACQUISITION OF STAKE IN YUXING INTERNATIONAL ENTERPRISE
    * UNDER MOU,  CO TO PROVIDE A LOAN OF HK$500 MILLION TO
YUXING
INTERNATIONAL ENTERPRISE CO

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS3xnNHD
Further company coverage:  0381.HK 

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