Brief: Phoenix Healthcare Group says company entered binding term sheet

China Resources Medical Holdings

08/04/2016 09:23

April 8 (Reuters) - Phoenix Healthcare Group Co Ltd  1515.HK : 
 * Inside information acquisition of the target company possible application for whitewash waiver and resumption of trading  1515.HK  
 * On April, 8 2016, the company, pinyu and the seller entered into a binding term sheet 
 * Application made for resumption of trading in the shares with effect from 9:00 a.m. on Monday, April 11, 2016 
 * Deal for consideration for the acquisition is hk$3.72 billion 
 * Source text (http://bit.ly/1WheQQl) 
 
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