Brief: Link Asia International's Unit Enters Formal JV Deal With Hanguang Technology

China Energy Storage Technology Development

19/04/2021 16:21

April 19 (Reuters) - Link-Asia International Medtech Group
Ltd  1143.HK :
    * UNIT ENTERED FORMAL JOINT VENTURE AGREEMENT WITH HANGUANG
TECHNOLOGY
    * UNIT & HANGUANG TECHNOLOGY WILL HOLD 51% AND 49% OF EQUITY
INTEREST OF JV COMPANY
    * JV CO WILL PRINCIPALLY ENGAGE IN BUSINESS OF ENDOMETRIAL
STEM
CELL STORAGE AND FERTILITY HEALTH MANAGEMENT
    * UPON COMPLETION FORMATION OF JV CO, WANG XUEJUN WILL BE
APPOINTED AS CHAIRMAN OF JV CO
    * EXPECTED THAT JV CO WILL BRING POSITIVE INCOME AND PROFIT
CONTRIBUTION TO CO

Source text for Eikon:  ID:nHKS27g9N3 
Further company coverage:  1143.HK 

 ((Reuters.Briefs@thomsonreuters.com;))