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Brief: China Smartpay says entering into term sheet in relation to investment into Sunway Technologies

June 7 (Reuters) - China Smartpay Group Holdings Ltd  8325.HK : 
 * Entering into term sheet in relation to investment into sunway technologies  8325.HK  
 * Says entered into the term sheet with sunway technologies 
 * Deal for RMB20 million 
 * Says co intends to subscribe and sunway intends to issue 14.29% of the enlarged issued share capital 
 * Source text (http://bit.ly/25K52VO) 
 
 
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