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Kong Sun Holdings Ltd announces memorandum of understanding for proposed acquisition

Tuesday, 22 Apr 2014 10:15am EDT

Kong Sun Holdings Ltd:Enters into non-binding memorandum of understanding with sellers, which comprise five individuals and company (collectively referred to as sellers) who are independent of and not connected with the company and its connected persons, and target company.Pursuant to which the company agreed to acquire from sellers all equity interests in target company.

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