April 5, 2017 / 12:23 PM / 8 months ago

BRIEF-O Luxe entered into MoU with a Japan company

April 5 (Reuters) - O Luxe Holdings Ltd

* Entered into mou with a co in japan mainly focusing on manufacturing of electric automotive and relevant components

* MoU in relation to possible acquisition by company of all issued and outstanding shares and share options, if any, of target

* Consideration will be determined after negotiations and is expected to be in form of cash or new shares of co or a combination thereof Source (bit.ly/2oHKhHw) Further company coverage:

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