Brief: Tsaker Chemical updates on termination of major transaction relating to termination of MOU

Tsaker New Energy Tech

21/07/2017 13:16

July 21 (Reuters) - Tsaker Chemical Group Ltd  1986.HK  
    * Co, seller & target co could not reach agreement in 
respect of proposed acquisition; parties to MOU entered into a 
termination agreement 
    * Refers to entering into of a legally binding MOU amongst 
co, Liu Zhixun and Ynnovate Sanzheng Fine Chemicals 
    * Termination of MOU in relation to proposed acquisition of 
75% equity interest in Ynnovate Sanzheng (Yingkou) Fine 
Chemicals 
 
Source text for Eikon:  ID:nHKS7dm87L  
Further company coverage:  1986.HK  
 
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