Brief: Mindtell Technology Enters Non-Legally Binding MoU With Ko Wai Ying Tiffany

Jufeel International Holdings

24/01/2020 13:46

Jan 24 (Reuters) - Mindtell Technology Ltd  8611.HK :
    * ENTERED NON-LEGALLY BINDING MOU WITH KO WAI YING TIFFANY
    * MOU TO BUY 10,000 SHARES OF SKY REGAL HOLDINGS
    * CONSIDERATION OF SALE SHARES $1 MILLION
    * UPON COMPLETION OF AGREEMENT, PARTIES TO SET UP JV IN
MALAYSIA
    * ESTIMATED TOTAL INVESTMENT IN JV CO HK$9.5 MILLION
    * JV CO SHALL BE OWNED 60% BY MINDTELL ENTITY

Source text for Eikon:  urn:newsml:reuters.com:*:nHKSvYDff
Further company coverage:  8611.HK 

 ((Reuters.Briefs@thomsonreuters.com;))