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BRS — USP News Story

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Consumer CyclicalsHighly SpeculativeMicro Cap

Brief: USP Group says signed conditional sales and purchase agreement

Dec 14 (Reuters) - USP Group Ltd  USPG.SI : 
 * Says signed a conditional sales and purchase agreement with supratechnic 
 * Says group will be paying for its acquisitions through bank financing, internal resources and the issuance of new shares 
 * Says was in discussion to buy over koon cheng development pte ltd 
 * Says expects definitive agreements to be entered into soon 
 * Acquisition will provide the company the critical mass and immediate access to sizeable revenues and profits at a reasonable price 
 * Says group will be paying for its acquisitions through bank financing, internal resources and the issuance of new shares 
 * Source text for Eikon  ID:nSNZ6MzTfZ  
 
 
 
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