April 19, 2018 / 11:17 AM / a month ago

BRIEF-Le Saunda Holdings Says Unit To Sell To Xindie Certain Products Of Group's Brands

April 19 (Reuters) - Le Saunda Holdings Ltd:

* ENTERED INTO PURCHASE FRAMEWORK AGREEMENT WITH XINDIE

* CHANGXIN TO SELL TO XINDIE CERTAIN PRODUCTS OF GROUP’S BRANDS

* AGGREGATE PURCHASE PRICE SHALL NOT EXCEED RMB28 MILLION

* TERM OF PURCHASE FRAMEWORK AGREEMENT COMMENCES ON 19 APRIL 2018 AND CONTINUES UNTIL 28 FEBRUARY 2019 Source text for Eikon: Further company coverage:

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