Brief: China Eco-Farming enters into MOU
29/03/2016 11:12
March 29 (Reuters) - China Eco-Farming Ltd 8166.HK : * memorandum of understanding in relation to possible acquisition involving issue of convertible notes 8166.HK * Says under the mou, the consideration shall be satisfied by the issue of convertible notes * Says the company and the proposed vendor entered into the mou * Says company shall provide the target company a loan in the amount of RMB50 million for a term of two years * Source text (bit.ly/1WU2WtS) ((For more news, please click here 8166.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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