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BRIEF-Ground International Development says unit entered into MOU with Changchun Ouya
March 31, 2017 / 12:13 PM / 8 months ago

BRIEF-Ground International Development says unit entered into MOU with Changchun Ouya

March 31 (Reuters) - Ground International Development Ltd:

* Ground international Group, a unit, entered into non-legally binding memorandum of understanding with changchun ouya shenlongwan tourism ltd

* GIGL proposed to inject cash of rmb200 million into target company

* Upon completion of proposed capital injection, co is expected to be interested in 25% equity interest in target co

Source text (bit.ly/2nH3lXX)

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