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1130 China Environmental Resources News Story

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Brief: China Environmental Resources and target co entered MOU to form JV

June 24 (Reuters) - China Environmental Resources Group Ltd  1130.HK : 
 * Target company and the company entered into the mou in relation to the 
possible transactions 
 * Company intends to subscribe for up to 20% of the enlarged issued share 
capital of the target company 
 * China Environmental Resources and target co intend to form joint venture in 
Asia to carry business of manufacturing target co's specialist sport cars 
 
  Source text for Eikon  ID:nHKS7cKfNk  
 
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