Brief: Huitao Technology Co Ltd Enters Into Non-Binding Letter Of Intent With Sunway Kids International Education Group Ltd Inc

Zeta Network

31/10/2019 21:27

Oct 31 (Reuters) - Huitao Technology Co Ltd  HHT.O :
    * HUITAO TECHNOLOGY CO LTD - ENTERED INTO NON-BINDING LETTER
OF
INTENT WITH SUNWAY KIDS INTERNATIONAL EDUCATION GROUP LTD INC
    * HUITAO TECHNOLOGY-CONDUCTING FINANCIAL,LEGAL DUE DILIGENCE
OF
SUNWAY KIDS, IF DUE DILIGENCE IS SATISFACTORY, NEGOTIATE
DEFINITE ACQUISITION AGREEMENT
    * HUITAO TECHNOLOGY CO LTD - BOARD WILL NOT PROCEED WITH
ACQUISITION UNLESS INDEPENDENT FAIRNESS OPINION REGARDING
FAIRNESS OF ACQUISITION IS OBTAINED

Source: (https://bit.ly/36gMi3f)
Further company coverage:  HHT.O 

 ((Reuters.Briefs@thomsonreuters.com;))