Brief: HXTL Technology updates on acquisition of 24 pct equity interest in Mianyang Siemax

Hengxin Technology

02/02/2016 10:06

Feb 2 (Reuters) - Hengxin Technology Ltd  HNGX.SI : 
 * Discloseable transaction acquisition of 24% equity interest in mianyang siemax  1085.HK  
 * Hengxin (Jiangsu), a wholly- owned subsidiary of the company, entered into the sale and purchase agreement 
 * Agreement with the vendors and mianyang siemax 
 * Deal for total consideration of RMB72 million 
 * Hengxin (Jiangsu) has conditionally agreed to purchase the target interests 
 * Source text for Eikon  ID:nHKS62pBsz  
 
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