Brief: Jerash Holdings Says Deal With Ford Glory International Terminated

Jerash Holdings (US)

01/11/2019 20:30

Nov 1 (Reuters) - Jerash Holdings (US) Inc  JRSH.O :
    * JERASH HOLDINGS (US) -  ON OCT 31, DEAL BETWEEN CO & FORD
GLORY
INTERNATIONAL LIMITED TERMINATED BECAUSE CONDITIONS PRECEDENT TO
CLOSING WERE NOT MET
    * JERASH HOLDINGS (US) - DUE TO TERMINATION, CO'S UNIT WILL
REPAY
HK$6,300,000 DEPOSIT TREASURE SUCCESS PAID AT TIME OF SIGNING

Source text: (https://bit.ly/2C7ksZ6)
Further company coverage:  JRSH.O 

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