Memorandum of Understanding Shares by gor17904


Memorandum of Understanding Shares document sample

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									                                                                         HEP Cmts – 05 04 10

Miyoshi Precision Limited
Incorporated in the Republic of Singapore
Company Registration No. 198703979K


The Board of Directors of Miyoshi Precision Limited (the “Company”) wishes to announce
that it has entered into a non-binding Memorandum of Understanding (“MOU”) to acquire
shares in an unrelated company which engages principally in the business of surface
finishing of metal and plastic components.

Shareholders should note that no legally binding obligations will be created until the MOU is
replaced by a final binding agreement to be executed between the parties.

If and when a definitive agreement has been entered into between the parties, the Company
will make an announcement containing the information required under Rule 1010 of the
Listing Manual of the SGX-ST.

None of the directors or substantial shareholders of the Company have any interest, direct or
indirect, in the above transaction.

By Order of the Board

Sin Kwong Wah Andrew
Chief Executive Officer
6 April 2010

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