Brief: CMMB Vision Holdings acquires exclusive user rights for AsiaStar satellite platform
27/10/2015 11:25
Oct 27 (Reuters) - CMMB Vision Holdings Ltd 0471.HK : * Acquisition of Asiastar L-band satellite exclusive usage rights launch of services for China and one-belt-one-road * Says entered into an agreement with New York satellite holdings * Also completed in principle negotiation with NYSHC of the proposed acquisition of the relevant asiastar satellite assets * Pursuant to agreeent the company has acquired the exclusive user rights for the Asiastar satellite platform * Expects to sign formal sale and purchase agreement including consideration for the Asiastar user rights, in due course * Source text for Eikon ID:nHKStgzBj ((For more news, please click here 0471.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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