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Brief: New Universe Environmental Group says unit entered into a memorandum of understanding

Nov 30 (Reuters) - New Universe Environmental Group Ltd 
 0436.HK  
    * Unit entered into a memorandum of understanding ( "mou") 
with sinotech investments limited 
    * Purchaser intends to acquire and vendor intends to sell 
entire interests in ever champ (china) limited 
    * New universe environmental- purchaser has agreed to pay 
vendor or its nominee(s) hk$5 million in cash as part payment of 
consideration of acquisition 
 
Source text for Eikon:  ID:nHKS190qll  
Further company coverage:  0436.HK  
 
 ((bangalore.newsroom@thomsonreuters.com;))

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