Brief: Alltronics Holdings says WT Technology entered into joint venture agreement

Alltronics Holdings

14/09/2017 10:55

Sept 14 (Reuters) - Alltronics Holdings Ltd  0833.HK : 
    * WT Technology entered into joint venture agreement with 
three investors in relation to establishment of Good Smart 
    * WT Technology to contribute HK$17.4 million as capital of 
Good Smart for 29 percent stake, other 3 investors will 
contribute HK$18.64 million 
    * Good Smart will be principally engaged in manufacturing 
and sale of electronic products 
    * director nominated by WT Technology will serve as 
chairman of board of directors of Good Smart 
 
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