March 24 (Reuters) - Reservoir Link Energy Bhd RESR.KL : * UNIT EXECUTED BINDING TERM SHEET WITH PROPEL OILFIELD SERVICES * PROPOSED ACQUISITION OF 30% STAKE IN PROPEL MAXFLO BY UNIT FOR 7.4 MILLION RGT Further company coverage: RESR.KL ((Reuters.Briefs@thomsonreuters.com;;))