Brief: Century Sunshine enters MOU with Group Sense
18/04/2017 15:03
April 18 (Reuters) - Century Sunshine Group Holdings Ltd
0509.HK
* Non-legally binding MOU was entered into between Century
Sunshine and Group Sense in relation to possible transaction
* Transaction, if it proceeds, may constitute a very
substantial disposal of Century Sunshine
* Transaction, if it proceeds, may also constitute a very
substantial acquisition and connected transaction of Group Sense
* MOU related to reorganisation involving acquisition of
co's interests in fullocean group and China Rare Earth Magnesium
Technology
* After completion of possible transaction, Century
Sunshine's interests in its magnesium product business will be
held through Group Sense
Source text for Eikon: ID:nHKS2KmG3z
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