Brief: Lifebrandz entered into a binding term sheet on Nov 15

Autagco

18/11/2016 11:29

Nov 18 (Reuters) - Lifebrandz Ltd  LIFE.SI : 
    * Pursuant to term sheet it was proposed that co and/or its 
nominee acquires entire issued and paid-up share capital of 
Natural Essence Group SPV 
    * On 15 november 2016, entered into a binding term sheet 
with thomas family trust, and Forestor Hill International Ltd 
    * Purchase consideration for all of shares in issued share 
capital of target company shall be an aggregate of s$25 million 
    * Target company and/or its nominee shall procure or raise 
amount of s$5.0 mln 
 
Source text for Eikon:  ID:nSN5Ms92K  
Further company coverage:  LIFE.SI  
 
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