Brief: Cheung Wo International Holdings enters non-legally binding memorandum with vendor

Keyne

15/12/2015 09:01

Dec 15 (Reuters) - Cheung Wo International Holdings Ltd  0009.HK : 
 * Ihl-memorandum of understanding in respect of a possible acquisition  0009.HK  
 * Company entered into a non-legally binding memorandum with the vendor 
 * Says company intends to invest or acquire and the vendor intends to sell not less than 40% equity interest in the target co 
 * "It is intended that the parties to enter into the formal SP agreement on or before 30 March 2016" 
 * No binding agreement in relation to acquisition has been entered into by vendor and co as at date of announcement 
 * Source text for Eikon  ID:nHKS27wnsk  
 
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