Brief: China Best Group Holding Entered Into A Letter Of Intent

Hong Kong Robotics Holding

21/08/2018 11:35

Aug 21 (Reuters) - China Best Group Holding Ltd  0370.HK :
    * ENTERED INTO A LETTER OF INTENT WITH DONGFENG DESIGN
RESEARCH
INSTITUTE CO AND WUHAN DONGHE ZHIYE CO
    * LETTER OF INTENT REGARDING DEVELOPMENT OF NEW ENERGY
VEHICLES
SPECIAL TOWNS IN PEOPLE'S REPUBLIC OF CHINA
    * EXPECTED THAT GROUP WILL CONTRIBUTE NOT LESS THAN HK$50
MILLION
FOR EACH PROJECT SECURED
    * LOI SHALL REMAIN IN EFFECT FOR A TERM OF THREE YEARS

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS2MVfBj
Further company coverage:  0370.HK 

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