BHPA, Inc. and Q-Link Technology Ltd. have agreed to build cooperation by signing a memorandum of understanding (MOU) on “The Intention to Acquire Q-Link by BHPA”. The MoU signing took place at 3001, 2/F, Building A17, Hainan Eco-Software Park, High-tech Industry Demonstration Zone, Old Town, Chengmai County, Hainan Province, China, on Tuesday, July 7, 2020.
This MoU was signed by CEO of Q-Link, Qi Zhang and the CEO of BHPA, Wenjie Wu. The MOU is a form of mutual commitment in complimenting each other’s duties and function in the perspective of governmental duties and national development, particularly in company acquisitions.
The MOU coverage is focused on the fields of, among others, the general content of the acquisition intention, the division of responsibilities and obligations of both parties and the determination of exclusivity.
Source : Q-Link Technology Ltd.