Brief: Weiqiao Textile enters MOU
18/12/2015 14:43
Dec 18 (Reuters) - Weiqiao Textile Co Ltd 2698.HK : * Discloseable transaction - payment of deposit under a mou in relation to a proposed acquisition 2698.HK * Says entered into a mou with the vendor to promote the proceeding of the proposed acquisition * Says pursuant to the mou, the purchaser shall pay the deposit in the aggregate sum of RMB300 million to vendor * Says total consideration for the proposed acquisition will be from RMB4 billion to RMB5 billion * Source text for Eikon ID:nHKS8JSbCX * ((For more news, please click here 2698.HK )) ((Bengaluru Newsroom; +91 806749 1130))
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