Brief: Jinheng Automotive Safety Technology says Pine Mega, co's unit, entered into MOU II with Kunshan Qidi

Titan Invo Technology

12/10/2015 24:33

Oct 12 (Reuters) - Jinheng Automotive Safety Technology Holdings Ltd 
 0872.HK : 
 * Pine Mega, an indirect wholly-owned subsidiary of the company, entered into MOU II with Kunshan Qidi 
 * Says Marvel Rise, an indirect wholly-owned subsidiary of the company, entered into MOU I with Suzhou Ziguang 
 * Says Shine Venture, an indirect wholly-owned subsidiary of the company,  entered into MOU III with Nanjing Qidi 
 * No legally binding agreements in relation to the proposed jvs formation has been entered into by the parties as at 12 October 
 * Pursuant to the MOU I, Marvel Rise and Suzhou Ziguang proposed to use their best endeavours to establish a jv co 
 
 * Source text for Eikon  ID:nHKS4F29zd  
 
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