Group 1 - The company, Baide International (02668), has signed a memorandum of understanding with a major shareholder of a target company established in the United Republic of Tanzania for a potential acquisition of part or all of the target company's equity [1] - The target company operates a gold processing plant and is engaged in gold exploration and production projects in Tanzania [1] - The board of directors believes that the potential acquisition will provide an appropriate opportunity to expand the company's investment scope and diversify its revenue sources, thereby enhancing shareholder value [1] Group 2 - The memorandum includes plans for the company to conduct further due diligence on the target company and its assets, as well as negotiate transaction terms within a three-month period from the date of the memorandum [1] - The company has confirmed that, apart from one of the ultimate beneficial owners of the potential seller being the spouse of an independent non-executive director, the target company and its beneficial owners are independent of the company and its related parties [1] - The company is actively seeking new business lines with significant growth potential to diversify its existing operations and revenue sources [1]
百德国际与潜在卖方就可能收购目标公司部份或全部股权订立谅解备忘录