Brief: Moody Technology Announces Memorandum Of Understanding In Respect Of A Possible Acquisition

Moody Technology Holdings

04/01/2024 15:29

Jan 4 (Reuters) - Moody Technology Holdings Ltd
 1400.HK :
    * MEMORANDUM OF UNDERSTANDING- IN RESPECT OF A POSSIBLE
ACQUISITION
    * INTENDS TO ACQUIRE 20% TO 28% OF ISSUED SHARE CAPITAL OF
CHINA
TIANYF HOLDINGS
    * HAS NOT ENTERED INTO ANY LEGALLY BINDING AGREEMENT IN
RELATION
TO ACQUISITION
    * INITIAL DEPOSIT OF HK$2 MILLION WILL BE PAID TO OCEANIC
EXPERT
INVESTMENTS UNDER DEAL

Further company coverage:  1400.HK 

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