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Brief: China Precious Metal Resources says unit entered into MoU with Sino Grand Investment

May 12 (Reuters) - China Precious Metal Resources Holdings Co Ltd  1194.HK : 
 
 * China Precious Metal Resources and Sino Grand Investment Holdings entered 
into the mou 
 * Parties intended that the consideration shall be HK$450 million 
 * Consideration shall be satisfied partly by cash and partly by issuance of 
shares 
 * Source text for Eikon  urn:newsml:reuters.com:*:nHKS6QkFBC 
 
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