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Brief: MDN terminates the heads of agreement with Xinye

May 4 (Reuters) - Mdn Inc  MDN.V  
    * MDN terminates the HOA with Xinye 
    * Since company respected all its obligations under HOA it 
will retain $200,000 payment received earlier this year 
    * Parties did not succeed in concluding a definitive 
agreement under terms of HOA 
 
Source text for Eikon:  ID:nMKWLMcTMa  
Further company coverage:  MDN.V  
 
 (Bengaluru Newsroom: +1-646-223-8780)

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