Reuters logo
BRIEF-Pine Technology says Alliance Express enters MOU
January 18, 2017 / 3:28 PM / a year ago

BRIEF-Pine Technology says Alliance Express enters MOU

Jan 18 (Reuters) - Pine Technology Holdings Ltd

* Alliance Express and some individuals as potential vendors and an independent third party as purchaser and co entered into MOU

* In consideration of potential vendors entering into MOU, a sum of HK$10 million as deposit has been paid by potential purchaser

* MOU for possible sale of potential vendors’ interest in company by potential vendors to potential purchaser

* MOU for possible sale of 15 pct equity interest in Pine Technology, a unit, by company to potential vendors

* Application has been made to stock exchange for resumption of trading of shares on stock exchange with effect on, 19 January 2017 Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below