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Future Bright Mining (02212) said it entered into a non-legally binding memorandum
of understanding in relation to the proposed acquisition of 51% equity interest
in Jiangxi Yi Wang Mining Company Limited.
The target company is located in the industrial park of Yongfeng County, Jian City,
Jiangxi province south, PRC, with 150,000 m2 of stone processing base and 0.474 km2 of
marble mines, and is engaged in mining, processing and sales of marble, and provision of
consultation on stone-related knowledge to private enterprises. |
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