Brief: Farnova Group Says Unit Entered LoI With Changchun Huaao Automobile Manufacturing
29/01/2021 15:28
Jan 29 (Reuters) - Farnova Group Holdings Ltd 8153.HK :
* UNIT ENTERED LOI WITH CHANGCHUN HUAAO AUTOMOBILE
MANUFACTURING
FOR ACQUISITION OF 58.39% IN GUANGXI HUAAO AUTOMOBILE
MANUFACTURING
* CONSIDERATION FOR PROPOSED ACQUISITION TO BE ABOUT RMB390
MILLION
Source text for Eikon: ID:nHKS1Wkc8x
Further company coverage: 8153.HK
((Reuters.Briefs@thomsonreuters.com;))
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