Brief: Shunfeng International updates on termination agreement

Shunfeng International Clean Energy

21/06/2016 11:55

June 21 (Reuters) - Shunfeng International Clean Energy Ltd  1165.HK : 
 * Shunfeng international clean energy-company, seller, Shanghai shunneng, purchaser and target company, among others, have entered into a termination agreement on 21 June 
 * As of 20 June 2016, conditions precedent have not been fulfilled 
 * Purchaser shall transfer 100% of the equity interest of the target company back to the seller 
 * Expects that conditions precedent will not be fulfilled on or before 30 June 2016 
 * Termination of sale and purchase framework agreement will not have material impact on financial position, operation, business of co 
 * Source text (http://bit.ly/28Ku1Nf) 
 
 
   ((For more news, please click here  1165.HK ))  
   ((Bengaluru Newsroom; +91 80 6749 1130))