Bright Sky Energy & Minerals, Inc.

China Properties Inv (0736) terminates MoU for acquisition of Pure Power Holdings Ltd
Company announcement, 30-Jan-2014
CPI had already paid US$19m (HK$148.2m) cash deposit in 2010. The vendor is not returning that, but is giving them HK$25m plus HK$123.2m of promissory notes issued by CEEI (0986) which it recieved in return for selling 10% of the same target to CEEI, namely Pure Power Holdings Ltd, 6 days ago.
China Environmental Energy (0986) buys 10% of Pure Power Holdings Ltd for HK$125m
Company announcement, 24-Jan-2014
...of which HK$123.2m is in promissory notes.

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