Brief: Austar Lifesciences Announces Formation Of Joint Venture
04/07/2019 14:59
July 4 (Reuters) - Austar Lifesciences Ltd 6118.HK :
* ANNOUNCES FORMATION OF JOINT VENTURE
* UNIT ENTERED INVESTMENT AGREEMENT WITH H+E GMBH, H+E
HOLDING
GMBH AND AQUARION AG TO ESTABLISH JOINT VENTURE IN GERMANY
* JOINT VENTURE WILL BE OWNED BY GROUP AS TO 51%
* UNDER FORMATION OF JOINT VENTURE, CAPITAL CONTRIBUTION BY
GROUP
TO JOINT VENTURE WILL BE EUR1.5 MILLION IN CASH
Source text for Eikon: ID:nHKS1SLVKS
Further company coverage: 6118.HK
((Reuters.Briefs@thomsonreuters.com;))
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