October 5, 2016 / 6:31 AM / a year ago

BRIEF-Buderim Group enters binding term sheets

Oct 5 (Reuters) - Buderim Group Ltd

* Has entered into a binding term sheet with Asia Mark Development Limited to issue it 6.5 million ordinary shares

* Enters binding term sheet with Wattle Hill Rhc Fund 1 SPV1 l.p to raise A$15 million in total

* AMD to fully underwrite pro rata renounceable rights issue of ordinary shares co will make, on a 1 for 2 basis at $0.36 per share Source text for Eikon: Further company coverage:

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