Brief: CanAsia Announces LOI To Acquire Techni Modul Engineering

Composite Alliance

27/09/2018 16:59

Sept 27 (Reuters) - CanAsia Financial Inc  CNAh.V :
    * CANASIA ANNOUNCES ENTERING INTO LETTER OF INTENT TO
ACQUIRE TECHNI MODUL ENGINEERING INC. AND PROPOSED ISSUANCE OF
DEBENTURES
    * CANASIA FINANCIAL-SIGNED LOI WITH TECHNI MODUL ENGINEERING
TO
ACQUIRE ALL OUTSTANDING SHARES OF TME FOR C$10.95 MILLION AND
19.2 MILLION CANASIA PREFERRED SHARES

Source text for Eikon:  urn:newsml:reuters.com:*:nGNX2ZNMN6
Further company coverage:  CNAh.V 

 ((Reuters.Briefs@thomsonreuters.com;))