Brief: Hong Lai Huat Says Unit Enters Non-Legal Binding Term Sheet With Biomatlink
06/11/2023 01:29
Nov 6 (Reuters) - Hong Lai Huat Group Ltd HONL.SI :
* UNIT ENTERED INTO A NON-LEGAL BINDING TERM SHEET WITH
BIOMATLINK
CO., LTD.
* BIOMAT SHALL ACQUIRE UP TO 50% VENDOR SHARES IN HLH
AGRICULTURE
(CAMBODIA) CO., LTD
* TOTAL AGGREGATE CONSIDERATION FOR PROPOSED TRANSACTION IS
USD32.5 MILLION
Source text for Eikon: ID:nSN4cYPHx
Further company coverage: HONL.SI
((Reuters.Briefs@thomsonreuters.com;))
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