Brief: Jete Power entered into MOU with a potential vendor

Jisheng group

03/02/2017 11:52

Feb 3 (Reuters) - Jete Power Holdings Ltd  8133.HK -  
    * Memorandum Of Understanding In Relation To A Proposed 
Acquisition 
    * Company entered into a non-legally binding memorandum of 
understanding with a potential vendor 
    * Company has agreed to deposit rmb1mln in cash as a 
refundable earnest money for proposed acquisition 
    * Company intends to acquire, and potential vendor intend to 
dispose of, part of issued share capital in a company 
 
Source text for Eikon:  ID:nHKS9gQvGK  
Further company coverage:  8133.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))