Brief: Alarko Holding Says Unit Altek Alarko Elektrik Signs Joint Venture Agreement With Gotion Singapore
20/05/2024 16:31
May 20 (Reuters) - ALARKO HOLDING AS ALARK.IS :
* ALARKO HOLDING SAYS UNIT ALTEK ALARKO ELEKTRIK SIGNS JOINT
VENTURE AGREEMENT WITH GOTION SINGAPORE PTE FOR THE INVESTMENT
IN ASSEMBLY PLANT FOR ENERGY STORAGE SYSTEMS AND A LITHIUM-ION
BATTERY PRODUCTION PLANT AT A LATER SECOND STAGE TO BE
ESTABLISHED IN TURKIYE
* ALARKO HOLDING SAYS UNIT ALTEK ALARKO ELEKTRIK TO
PARTICIPATE
60% AND GOTION SINGAPORE TO PARTICIPATE 40% TO THE SHARE CAPITAL
OF NEW COMPANY
Source text for Eikon: ID:nIKA4gykV8
Further company coverage: ALARK.IS
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