BRIEF-O Luxe entered into MoU with a Japan company

April 5 (Reuters) - O Luxe Holdings Ltd

* Entered into mou with a co in japan mainly focusing on

manufacturing of electric automotive and relevant components

* MoU in relation to possible acquisition by company of all

issued and outstanding shares and share options, if any, of

target

* Consideration will be determined after negotiations and is

expected to be in form of cash or new shares of co or a

combination thereof

Source (http://bit.ly/2oHKhHw)

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