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Tritech: Termination Of Proposed Acquisition Of 49% Stake In Jining Zhongshan Public Utility Water Company.

22 Aug 2014 17:26

Tritech Group Limited has formally informed Shandong Jining that it will not be pursuing further discussions relating to the proposed acquisition of a 49% equity interest in the share capital of the Target, and hence the MOU, which was non-binding, will be deemed terminated with immediate effect. The decision not to pursue the proposed acquisition was made after due diligence work was carried out by the Company...

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Source: ShareInvestor Express