Brief: Kbs Fashion Group Announces LOI For A Proposed 51% Acquisition Of Hangzhou Siteng Network Technology Company

JX Luxventure

20/09/2018 15:02

Sept 20 (Reuters) - KBS Fashion Group Ltd  KBSF.O :
    * KBS FASHION GROUP LIMITED ANNOUNCES A LETTER OF INTENT FOR
A
PROPOSED 51% ACQUISITION OF HANGZHOU SITENG NETWORK TECHNOLOGY
COMPANY LTD.
    * KBS FASHION GROUP LTD - AGREED TO ACQUIRE 51% OF SITENG IN
CASH
    * KBS FASHION GROUP LTD - PARTIES SEEK TO COMPLETE
TRANSACTION NO
LATER THAN JUNE 30, 2019

Source text for Eikon:  ID:nPn4x0CVka 
Further company coverage:  KBSF.O 

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