Brief: New Sports Group enters memorandum of understanding

Glory Sun Land

02/09/2016 13:17

Sept 2 (Reuters) - New Sports Group Ltd  0299.HK : 
 * Memorandum of understanding in relation to a potential transaction  0299.HK  
 * Under mou, proposed that purchaser will buy from the seller at a  consideration in the range of hk$900 million to hk$1.1 billion 
 * Unit New Sports Investment Holding Limited, Yue Jin International Limited and Zhang Zhenchun entered into a non-legally binding mou 
 
 * Source text for Eikon  ID:nHKS2xF4mM  
 
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