China Evergrande's EV Unit Says Shareholders Enter into Term Sheet Regarding Transfer of 29% Stake
China Evergrande New Energy Vehicle 708:
SAYS KEY SHAREHOLDERS ENTER INTO NON BINDING TERM SHEET IN RELATION TO POTENTIAL SHARE TRANSFER OF ABOUT 29% STAKE TO A THIRD PARTY PURCHASER
SAYS TRADING IN ITS SHARES WILL RESUME ON MAY 27