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Teeka Tan Signs Letter of Intent to Acquire TRBT

Teeka Tan Products, Inc. announced it has signed a letter of intent to acquire the Taiyuan Rongan Business Trading (TRBT) Company located in China.

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By: TOM BRANNA

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Teeka Tan Products, Inc. announced it has signed a letter of intent to acquire the Taiyuan Rongan Business Trading (TRBT) Company located in Taiyuan, Shanxi Province, China, in a stock for stock exchange. TRBT operates six shopping malls in the city of Taiyuan, China, of which it has 76% ownership. According to the letter of intent, Teeka Tan Products will enter into a share exchange agreement to acquire TRBT by way of a reverse merger transaction. It is expected that the company will sign a ...

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