Readen Holding Corp. (PINKSHEETS:RHCO) signed a letter of intent to acquire 81% stake in Asyans Holiding Ltd. on June 13, 2012. Readen Holding Corp. shall invest $10 million in initial investment which will be realized via private placements from external investors and two potential customers. The transaction shall add sales revenue of $250 million in the second year of operations.

Readen Holding Corp. (PINKSHEETS:RHCO) cancelled the acquisition of 81% stake in Asyans Holiding Ltd. on June 13, 2013.