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Billion Industrial Holdings Ltd announces proposed acquisition of gas business related assets owned by CECEP Chongqing Industry Co Ltd and Chongqing CECEP Longan Industrial Development Co Ltd


Sunday, 22 Jun 2014 08:00am EDT 

Billion Industrial Holdings Ltd:Enters into non-legally binding letter of intent with CECEP Chongqing Industry Co Ltd and Chongqing CECEP Longan Industrial Development Co Ltd (together the vendors).Pursuant to which parties agreed on their intention for the company to acquire gas business related assets wholly owned by vendors from them (the acquisition).Consideration for acquisition has not been determined as at date of this announcement.Consideration is to be agreed and will be set out in a legally binding acquisition agreement to be entered into in respect of acquisition. 

Company Quote

3.29
-0.01 -0.30%
22 Oct 2014