Brief: Sunway International says enters into memorandum of understanding
24/02/2016 14:27
Feb 24 (Reuters) - Sunway International Holdings Ltd 0058.HK :
* Memorandum of understanding in relation to a possible acquisition 0058.HK
* The consideration for the possible acquisition will not exceed hk$400 million in aggregate and will be settled in cash
* Says group proposes to inject capital of not exceeding hk$60 million into the target group
* Group entered into mou with vendors in relation to possible acquisition of entire issued share capital of holdco
* Source text (http://bit.ly/1T6PJzQ)
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