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BRIEF-Freedom foods group entered into MOU with Shenzhen Jialile Food Co. Ltd
October 5, 2016 / 6:36 AM / a year ago

BRIEF-Freedom foods group entered into MOU with Shenzhen Jialile Food Co. Ltd

Oct 5 (Reuters) - Freedom Foods Group Ltd :

* Under proposed arrangement, a new company, australia’s own dairy company china will be established

* Intended that ao china would potentially seek a listing on an international stock exchange in medium term

* Entered into a memorandum of understanding with our guangzhou based partner, shenzhen jialile food co. Ltd

* Freedom foods will subscribe for an initial 10% investment in AO China for a consideration of rmb 22 million

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