Brief: China Flavors and Fragrances updates on memorandums of understanding

China Boton

22/12/2015 11:32

Dec 22 (Reuters) - China Flavors and Fragrances Co Ltd  3318.HK : 
 * Memorandums of understanding  3318.HK  
 * Says company entered into the mous with each of the vendors 
 * China flavors- company shall pay the first vendor a refundable deposit of 
   RMB30 million as earnest money 
 * Company shall pay the second vendor a refundable deposit of RMB60 million as 
   earnest money 
 * China flavors and fragrances- company shall pay the third vendor a refundable 
   deposit of RMB30 million 
 * Says payment of the deposits under the mous will be funded by the internal 
   resources of the group 
 
   Source text for Eikon  ID:nHKSFkxKB  
 
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