Brief: Sino-Global Announces LOI To Acquire Shenzhen Jiayoubao Mobile Internet Co

Singularity Future Technology

08/12/2020 13:43

Dec 8 (Reuters) - Sino-Global Shipping America Ltd  SINO.O :
    * SINO-GLOBAL ANNOUNCES LETTER OF INTENT TO ACQUIRE SHENZHEN
JIAYOUBAO MOBILE INTERNET CO., LTD
    * SINO-GLOBAL - ENTERED INTO A NON-BINDING LETTER OF INTENT
TO
ACQUIRE 51% OF SHENZHEN JIAYOUBAO MOBILE INTERNET CO
    * SINO-GLOBAL - CO HAS AGREED TO PAY ABOUT $1.1 MILLION OF
SHARES
OF ITS COMMON STOCK

Source text for Eikon:  ID:nPn1Q0fVXa 
Further company coverage:  SINO.O 

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