January 30, 2018 / 1:15 PM / in 7 months

BRIEF-Sparkle Roll Group ‍Enters MoU For Acquisition Of A Property Holding Co

Jan 30 (Reuters) - Sparkle Roll Group Ltd:

* ‍ENTERED MOU IN RESPECT OF A POTENTIAL ACQUISITION OF A PROPERTY HOLDING COMPANY​

* TO ‍PAY A REFUNDABLE AMOUNT OF RMB20 MILLION​

* ENTERED MOU WITH QI JIAN HONG AND BEIJING WENFU HENGYE TECHNOLOGY DEVELOPMENT FOR PROPOSED ACQUISITION OF TARGET CO

* CONSIDERATION FOR PROPOSED ACQUISITION SHALL BE NO LESS THAN RMB624.86 MILLION Source text for Eikon: Further company coverage:

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