Crown International's Unit Enters MOU for Acquisition of White Spirit Production Company

MT Newswires Live

2024/12/30

Crown International's (HKG:0727) unit Crown Finance Holdings entered into a memorandum of understanding with China Baijiu Group Holdings regarding a possible acquisition of 100% equity interest in Sichuan Tianfu Golden Basin Wine Industry Group, a Friday Hong Kong bourse filing said.

The target company is mainly engaged in the production of premium white spirits.

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