Brief: Sinjia Land Enters Into Non-Binding Term Sheet For Proposed Acquisition Of Binex Singapore
Nov 19 (Reuters) - Binex Co Ltd 053030.KQ :
* ENTERED INTO NON-BINDING TERM SHEET FOR PROPOSED
ACQUISITION OF
BINEX SINGAPORE
* ACQUISITION CONSIDERATION WILL BE PAID VIA ISSUANCE OF
COMPANY'S
SHARE AT A PRE-CONSOLIDATION ISSUE PRICE OF S$0.35 PER SHARE
Source text for Eikon: ID:nSN6lCdtr
Further company coverage: 053030.KQ
((Reuters.Briefs@thomsonreuters.com;))