Brief: We Solutions Says Apollo Automobil Entered License Agreement With De Tomaso
12/05/2020 15:40
May 12 (Reuters) - We Solutions Ltd 0860.HK :
* APOLLO AUTOMOBIL ENTERED LICENSE AGREEMENT WITH DE TOMASO
* ALSO AGREED THAT APOLLO AUTOMOBIL SHALL HAVE EXCLUSIVE
RIGHT TO
PRODUCE PLATFORMS FOR DE TOMASO
* APOLLO AUTOMOBIL TO LICENSE TO DE TOMASO RIGHTS TO USE
''DE
TOMASO'' BRANDED VEHICLES WORLDWIDE AT MINIMUM LICENSE FEE OF
US$10 MILLION
* AGREEMENT TERM OF 3 YEARS, STARTING 12 MAY
Source text for Eikon: urn:newsml:reuters.com:*:nHKS1kMlSk
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