Brief: New Sports Group says may not proceed with potential acquisition under MOU

Glory Sun Land

05/10/2016 14:03

Oct 5 (Reuters) - New Sports Group Ltd  0299.HK  
    * Noted that wuxi xinyou and its shareholders had entered 
into an agreement relating to sale of equity interests in to 
another purchaser 
    * Company will not proceed with potential acquisition under 
MOU 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS71zpLC 
Further company coverage:  0299.HK  
 
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