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Nov 9 (Reuters) - IOT Group Ltd (IOT) : Signed binding term...

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    09/11/17
    11:50
    Post #: 28639005

    Nov 9 (Reuters) - IOT Group Ltd (IOT) :

    • Signed binding term sheet with major shareholder of Airselfie Holdings Limited
    • Term sheet with major shareholder of Airselfie Holdings (Ash) with intention of enabling co to buy up to 100% of Ash
    • Co to provide working capital to Airselfie Holdings, expected to be about US$7 mln during 2018
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