Brief: In Technical Productions Says Co And Shenzhen Moni Technology Entered Into MoU

Brightstar Technology

18/04/2023 06:35

April 18 (Reuters) - In Technical Productions Holdings
Ltd  8446.HK :
    * COMPANY AND SHENZHEN MONI TECHNOLOGY ENTERED INTO A
MEMORANDUM
OF UNDERSTANDING
    * UNDER MOU, BOTH PARTIES INTEND TO ESTABLISH NEW COMPANY IN
PRC
TO OPERATE A METAVERSE STADIUM
    * TOTAL AMOUNT OF CAPITAL CONTRIBUTION TO JOINT VENTURE
SHALL BE
RMB250 MILLION
    * APPLICATION MADE TO STOCK EXCHANGE FOR RESUMPTION OF
TRADING IN
SHARES WEF 1 P.M. ON 18 APRIL

Source text for Eikon:  ID:nHKS1DkHkl 
Further company coverage:  8446.HK