Brief: Fabchem China says unit entered into a legally binding term sheet to acquire property

Lincotrade & Associates Holdings

12/06/2017 10:38

June 12 (Reuters) - Fabchem China Limited   FBCH.SI  : 
    * Proposed Acquisition Of Property By Wholly-owned 
Subsidiary, Shandong Yinguang Technology Co., Ltd. 
    * Consideration for acquisition will be approximately 
rmb32.87 million 
    * Shandong Yinguang Technology entered into a legally 
binding term sheet with Shandong Yinguang Tianhong Property 
Development Co 
 
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Further company coverage:  FBCH.SI  
 
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