Brief: Wealth Glory updates on MOU in relation to possible acquisition of Luduson Entertainment

Go Up Education Technology

05/08/2016 15:32

Aug 5 (Reuters) - Wealth Glory Holdings Ltd  8269.HK : 
 * Memorandum of understanding in relation to the possible acquisition of 100% 
   equity interests in Luduson Entertainment Limited  
 * Company and the vendor entered into the mou in relation to the possible 
   acquisition of 100% equity interests in the target company 
 * Consideration for acquisition expected to be satisfied by company by way of 
   cash or allotment and issuance of new shares or issuance of convertible bonds 
 
* Source text for Eikon  ID:nHKS7GctXq  
 
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