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BRIEF-Golden Wheel Tiandi Holdings Co Ltd updates on heads of terms
January 12, 2017 / 1:59 PM / a year ago

BRIEF-Golden Wheel Tiandi Holdings Co Ltd updates on heads of terms

Jan 12 (Reuters) - Golden Wheel Tiandi Holdings Co Ltd

* Heads of terms in relation to proposed acquisition

* Purchaser a unit, vendor and manager entered into heads of terms in relation to proposed acquisition

* Pursuant to heads of terms, purchaser shall pay to vendor’s solicitors earnest money of HK$20 million

* Golden Wheel Jasper to acquire & Dorsett Hospitality International to sell, its entire interest in double advance group Source text for Eikon: Further company coverage:

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