BRIEF-China Evergrande New Energy Vehicle Group Says Cessation Of Discussions In Respect Of Potential Share Transfer

Reuters10-25

Oct 25 (Reuters) - China Evergrande New Energy Vehicle Group Ltd :

* CESSATION OF DISCUSSIONS IN RESPECT OF POTENTIAL SHARE TRANSFER

* POTENTIAL SELLER DECIDED TO CEASE DISCUSSIONS WITH POTENTIAL PURCHASER IN RESPECT OF POTENTIAL SHARE TRANSFER

* NOT EXPECTED FACILITY AGREEMENT WILL BE ENTERED INTO OR ANY FINANCING WILL OTHERWISE BE PROVIDED BY POTENTIAL PURCHASER

* POTENTIAL SELLERS ARE CONTINUING TO SEEK TO LOCATE POSSIBLE BUYERS

* APPLICATION BEEN MADE BY CO TO STOCK EXCHANGE FOR RESUMPTION OF TRADING IN SHARES W.E.F 28 OCT

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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