Brief: Yuxing Infotech Investment Says Unit & Shanghai Changyi Entered Into Letter Of Intent
07/10/2021 14:31
Oct 7 (Reuters) - Yuxing Infotech Investment Holdings Ltd
8005.HK :
* UNIT & SHANGHAI CHANGYI ENTERED INTO LETTER OF INTENT IN
RELATION TO PROPOSED ACQUISITION OF PROPERTIES
* TOTAL CONSIDERATION FOR PROPOSED ACQUISITION SHALL NOT
EXCEED
USD70.0 MILLION
* UNDER LOI, UNIT SHALL ACQUIRE SHANGHAI YUNZHENG FROM
SHANGHAI
CHANGYI
Further company coverage: 8005.HK
(Reuters.briefs@thomsonreuters.com)
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