Jan 22 (Reuters) - Syngas Ltd SYS.AX :
* Syngas enters into MOU for hydro project in Indonesia
* Says mou for an equity/investment participation in PT Cahaya Terang Makmur
* Says Syngas shall be entitled to board representation at PT Cahaya, in proportion to its shareholding
* Says will consider funding its participation by way of debt and/or equity raising in due course
* Anticipated that participation of Syngas in project would require an investment outlay of between USD 4.0M to USD10.0M
* Source text for Eikon ID:nASX1B7Nwt