BRIEF-Code Agriculture Holdings strategic cooperation agreement with Citic Merchant

March 24 (Reuters) - Code Agriculture Holdings Ltd

* Company entered into a strategic cooperation agreement

with Citic Merchant Co., Ltd.

* Under agreement Citic Merchant will identify certain asset

management companies for company to acquire

* A refundable deposit in amount of HK$10 million shall be

payable in full by company to Citic Merchant on signing

agreement

* Intended consideration for possible acquisition will not

be less than HK$100 million

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