Brief: China Brilliant Global Announces MoU In Relation To Possible Formation Of Joint Venture
04/10/2019 11:52
Oct 4 (Reuters) - China Brilliant Global Ltd 8026.HK :
* ANNOUNCES MOU IN RELATION TO POSSIBLE FORMATION OF JOINT
VENTURE
* JV WILL ENGAGE IN BANKING BUSINESS IN KAZAKHSTAN WHICH IS
EXPECTED TO COMMENCE IN MID-2020
* PURSUANT TO MOU, UNIT WILL HOLD 56% OF JV
* COMPANY AND JV PARTNER ANTICIPATE THAT A BINDING AGREEMENT
WILL
BE ENTERED INTO BETWEEN PARTIES IN 2020
Source text for Eikon: urn:newsml:reuters.com:*:nHKS1GXs5T
Further company coverage: 8026.HK
((Reuters.Briefs@thomsonreuters.com;))
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