Brief: Chongqing Sokon's Unit Plans To Sell Factory In The U.S. For $145 Mln

Electric Last Mile Solutions

24/03/2021 13:02

March 24 (Reuters) - Chongqing Sokon Industry Group Stock Co
Ltd  601127.SS :
    * SAYS ITS UNIT SF MOTORS PLANS TO SELL EVAP FACTORY IN THE
U.S.
FOR $145 MILLION TO ELECTRIC LAST MILE INC (ELM)
    * SAYS ELM WILL OFFER 5 MILLION SHARES OF FORUM MERGER III
CORP
(FORUM) TO SF MOTORS IF ELM SUCCESSFULLY BOUGHT FORUM

Source text in Chinese: https://bit.ly/3skeEE6
Further company coverage:  601127.SS 

 (Reporting by Hong Kong newsroom)
 ((twinnie.siu@tr.com; 852-3462 7715;))