Brief: China Yongda Automobiles Services enters into letter of intent

China Yongda Automobiles Services Holdings

23/06/2017 24:22

June 23 (Reuters) - China Yongda Automobiles Services 
Holdings Ltd  3669.HK  
    * Automobile Group as purchaser and an individual (an 
independent third party), as seller, entered into letter of 
intent 
    * Deal for consideration of RMB423 million 
    * Purchaser conditionally agreed to acquire, entire equity 
interests in China Hengji and Dezhou Shengbao 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKSc7qz1k 
Further company coverage:  3669.HK  
 
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