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Stock impact report

BRIEF-Borqs Technologies Signs LoI To Acquire Electric Vehicle Control Co [Reuters]

Borqs Technologies, Inc. - Ordinary Shares (BRQS) 
US:NASDAQ Investor Relations: borqs.com/investors-relations
Company Research Source: Reuters
BRIEF-Borqs Technologies Signs LoI To Acquire Electric Vehicle Control Co | Reuters Reuters Staff 1 Min Read Jan 10 (Reuters) - Borqs Technologies Inc: * BORQS TECHNOLOGIES SIGNS LETTER OF INTENT TO ACQUIRE ELECTRIC VEHICLE CONTROL COMPANY * BORQS TECHNOLOGIES INC - CONSIDERATION PROPOSED TO BE PAID BY BORQS FOR 60% OF KADI INVOLVES $15 MILLION IN CASH AND SHARES DISTRIBUTED OVER THREE YEARS * BORQS TECHNOLOGIES - ? ANNOUNCES SIGNING OF A LETTER OF INTENT TO ACQUIRE 60% OF SHANGHAI KADI MACHINERY TECHNOLOGY CO * BORQS TECHNOLOGIES SIGNS LETTER OF INTENT TO ACQUIRE ELECTRIC VEHICLE CONTROL COMPANY * BORQS TECHNOLOGIES INC - ?BORQS IS CONTEMPLATING A PUBLIC OFFERING OF SHARES IN COMING MONTHS TO SUPPORT CASH INVESTMENT NEEDS FOR KADI ACQUISITION? Source text for Eikon: Further company coverage: All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved. BRIEF-Borqs Technologies Signs LoI To Acquire Elect Show less Read more
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