BRIEF-Rm group-memorandum of understanding in relation to a proposed acquisition

April 11 (Reuters) - RM Group Holdings Ltd:

* Memorandum Of Understanding In Relation To A Proposed

Acquisition

* Company, as potential purchaser, entered into a

non-legally binding memorandum of understanding with potential

vendors

* Company has agreed to deposit hk$1 million in cash as a

refundable earnest money for proposed acquisition

* Co intends to acquire, and potential vendors intend to

dispose of, all or part of issued share capital in a company

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