Ying Sheng Entertainment intends to acquire 70% interest in TCM kidney hospital

Updated: October 20, 2015  Views: 43

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Sina Financial News October 20, according to reports Finet, China Ying Sheng Entertainment (00209-HK) announced that third party entered into a non-legally binding memorandum of understanding with the independent, five-party bridge may acquire Beijing Traditional Chinese Medicine Hospital, 70 percent nephropathy equity, but yet it is possible to carry out the terms and conditions of the transactions reach a formal agreement, it may not necessarily be stressed.

Under the MOU, China Ying Sheng entertainment will be the date of the Memorandum of Understanding on trade to such seller may pay a refundable advance payments five million yuan. The parties have agreed on a period of exclusive, count from the date of the Memorandum of Understanding for a period of 30 days . (Natural)

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