Brief: Ban Loong says unit entered into MOU
21/04/2016 11:43
April 21 (Reuters) - Ban Loong Holdings Ltd 0030.HK : * Unit entered into a non-legally binding memorandum of understanding * Deal for total consideration of not exceeding RMB66.8 million * Memorandum of understanding with the vendor * Deal expected to be satisfied by cash * Pursuant to mou vendor proposed to sell the target interest (namely 10% equity interest in the target company) to the purchaser * Source text (http://bit.ly/23LtswX) * ((For more news, please click here 0030.HK )) ((Bengaluru Newsroom; +91 806749 1130))
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