Brief: Tianneng Power International issues clarification on transactions
03/02/2016 13:38
Feb 3 (Reuters) - Tianneng Power International Ltd 0819.HK : * Clarification announcement continuing connected transactions * Independent non-executive directors will review the transactions under the continuing connected transactions * Auditors of the company will also conduct an annual review on the pricing terms and annual caps thereof * Directors considered that the annual caps for the consignment sales framework agreement are justifiable * Reference made to announcement dated 28 January for trademark licence agreement, lease agreements, consignment sale framework agreement * Source text for Eikon ID:nHKS9kz98d ((For more news, please click here 0819.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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