Le Tree signs MOU to subscribe for stake in Xiamen LeTree Meilian Technology JV

ليوندل باسل للصناعات

LyondellBasell Industries NV

LYB

0.00

  • Le Tree Holdings signed a non-binding memorandum of understanding on May 13 to subscribe for shares in Xiamen LeTree Meilian Technology via a capital increase, using a wholly owned PRC subsidiary.
  • Xiamen Leshu Hemei Investment Partnership, current sole owner of JV Company, agreed to waive pre-emptive rights for the capital increase.
  • Xiamen Shuyipai Brand Chain Management, described as JV Company key client, committed to maintain its existing business relationship with JV Company and deepen strategic cooperation.
  • Proposed deal aligns with Le Tree’s shift into personal care, beauty, and wellness products and treatments approved by shareholders in November 2025.
  • Terms of the capital increase remain subject to a definitive agreement.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Le Tree Holdings Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: UPG6W19GWBXF1Z2L) on May 14, 2026, and is solely responsible for the information contained therein.