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2923 — Differ Auto News Story

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Brief: Differ Group says approoached by third party in relation to agricultural drones business

Jan 13 (Reuters) - Differ Group Holding Co Ltd  6878.HK : 
 * Says board has been approached by an independent third party 
 * Board and the independent third party will discuss and explore the 
   cooperation opportunity  
 * Group has entered into a finance lease agreement 
 * "Discussion between the group and the independent third party is currently at 
   a preliminary stage" 
 * Says third party presented a proposal involving a investment opportunity in 
   relation to agricultural drones business 
 * Deal for an aggregate amount of rental payment of RMB60 million 
 * To explore the cooperation opportunity regarding, among others, the 
   development of business of agricultural drones 
 * Group and the independent third party have not entered into any legally 
   binding or non-legally binding agreement 
 * Source text for Eikon  ID:nHKS7YjLTT  
 
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