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An agreement between a prospective purchaser to the seller indicating the terms upon which they have agreed in principle to the purchaser's acquisition from the seller of its shares in a private limited company in Hong Kong. Agreement is drafted in letter form on the following assumptions, that: the draftsperson is acting for the purchaser; there is a single seller and single purchaser; and a confidentiality agreement and/or exclusivity agreement may or may not have already been entered into.

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Region: Hong Kong
The information in any resource collected in this virtual library should not be construed as legal advice or legal opinion on specific facts and should not be considered representative of the views of its authors, its sponsors, and/or ACC. These resources are not intended as a definitive statement on the subject addressed. Rather, they are intended to serve as a tool providing practical advice and references for the busy in-house practitioner and other readers.
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