Brief: Zhong Ao Home enters MOU

Zhong Ao Home

23/03/2016 04:19

March 23 (Reuters) - Zhong Ao Home Group Ltd  1538.HK : 
 * Inside information announcement - memorandum of understanding in relation to 
a proposed acquisition  1538.HK  
 * Says proposed acquisition will initially be for 70% of the equity interest in 
the target company 
 * Aggregate consideration for the proposed acquisition payable by the purchaser 
will be RMB300 million 
 * Guangdong Zhong Ao property management co ltd entered into mou with the 
shareholders of a China-based property management company 
 
 * Source text for Eikon  ID:nHKS44FnFf  
 
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