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5WV Asiaphos News Story

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Brief: Asiaphos entered into LOI for sale of phosphate rocks to Mianyang Aostar

March 14 (Reuters) -    Asiaphos Ltd  ASIP.SI : 
    * MOU in relation to sale of phosphate rocks by mianzhu 
norwest to mianyang aostar for current financial year ending 31 
december 2017 
    * Mianzhu norwest has, entered into a letter of intent with 
mianyang aostar 
    * Sale and purchase of phosphate rocks under framework 
agreements is expected to contribute positively to group's 
performance for fy2017 
    * Under terms of mianyang aostar loi, an aggregate of 
150,000 tonnes of phosphate rocks will be supplied from mianzhu 
norwest to mianyang aostar in fy2017 
 
 
     
     
    Source text for Eikon:  ID:nSNZ5KDn7C  
    Further company coverage:  ASIP.SI  
 
 ((Bangalore.newsroom@thomsonreuters.com ;))

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