Brief: Bii Railway Transportation Technology Enters Term Sheet With Netposa And Others
23/10/2018 01:48
Oct 23 (Reuters) - Bii Railway Transportation Technology
Holdings Co Ltd 1522.HK :
* ENTERED TERM SHEET WITH NETPOSA, HUAQI INTELLIGENT AND
ULTIMATE
BENEFICIAL OWNER OF NETPOSA
* INITIAL PROPOSED CONSIDERATION FOR ENTIRE EQUITY INTERESTS
OF
HUAQI INTELLIGENT SHALL BE RMB1.10 BILLION
Source text for Eikon: urn:newsml:reuters.com:*:nHKS2Mprw2
Further company coverage: 1522.HK
((Reuters.Briefs@thomsonreuters.com;))
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