Brief: Huabang Financial Holdings enters term sheet with Idb Development for a proposed acquisition

Hunlicar

04/09/2017 23:09

Sept 5 (Reuters) - Huabang Financial Holdings Ltd  3638.HK  
    * On 3 Sept, company and IDB Development Corp entered into a 
term sheet in relation to a proposed acquisition 
    * IDB development corp intended to sell 24.9 million 
ordinary shares with par value of NIS1.0 each of target co 
 
Source text for Eikon:  ID:nHKS1WMhwK  
Further company coverage:  3638.HK  
 
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