CMON (01792): Termination of Memorandum of Understanding

CMON (01792) announced that they have reached a memorandum of understanding with an independent third party regarding the sale of some of the group's intellectual property. However, as the two parties were unable to come to an agreement on the terms of the sale and sign a final agreement, the sale will not proceed. The company has informed the other party of the termination of the sale in accordance with the terms of the memorandum of understanding. Therefore, the group will not be selling any intellectual property. The termination of the sale will not have any significant adverse impact on the company's financial condition and operations.