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BRIEF-Century Sunshine enters MOU with Group Sense
April 18, 2017 / 2:14 PM / 5 months ago

BRIEF-Century Sunshine enters MOU with Group Sense

April 18 (Reuters) - Century Sunshine Group Holdings Ltd

* Non-legally binding MOU was entered into between Century Sunshine and Group Sense in relation to possible transaction

* Transaction, if it proceeds, may constitute a very substantial disposal of Century Sunshine

* Transaction, if it proceeds, may also constitute a very substantial acquisition and connected transaction of Group Sense

* MOU related to reorganisation involving acquisition of co’s interests in fullocean group and China Rare Earth Magnesium Technology

* After completion of possible transaction, Century Sunshine’s interests in its magnesium product business will be held through Group Sense Source text for Eikon: Further company coverage:

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