Brief: WE Solutions Enters MoU With Shanghai Alliance Investment
25/04/2018 24:38
April 25 (Reuters) - WE Solutions Ltd 0860.HK :
* ENTERS MEMORANDUM OF UNDERSTANDING WITH SHANGHAI ALLIANCE
INVESTMENT FOR PROPOSED ESTABLISHMENT OF JV CO BASED IN SHANGHAI
* PARTIES SHALL CONTRIBUTE AN AGGREGATE OF US$58 MILLION IN
TWO
STAGES TO JV CO
* JV CO EXPECTED TO ASSIST SHANGHAITECH UNIVERSITY IN
ESTABLISHING
A CENTRE FOR ADAPTIVE SYSTEM ENGINEERING AMONG OTHERS
Source text for Eikon: ID:nHKSlzCYV
Further company coverage: 0860.HK
((Reuters.Briefs@thomsonreuters.com;))
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