Brief: Sinosoft Technology Group updates on MOU in relation to possible subscription of shares in co

Sinosoft Technology

30/03/2017 23:04

March 31 (Reuters) - Sinosoft Technology Group Ltd 
 1297.HK : 
    * Company as issuer and a state-owned company established in 
PRC as potential subscriber , entered into a MOU 
    * Subscription price payable by potential subscriber will be 
at premium of closing price of shares of co on date of signing 
of MOU 
    * Deal pursuant to which parties agreed to enter into 
further negotiation regarding possible subscription of new 
shares of co 
 
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