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428 — Cocoon Holdings News Story

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Brief: Cocoon Holdings Entered Into A Memorandum Of Understanding With An Asset Manager

Jan 12 (Reuters) - Cocoon Holdings Ltd  0428.HK :
    * ENTERED INTO A MEMORANDUM OF UNDERSTANDING WITH AN ASSET
MANAGER
    * CO EXPECTS COLLABORATION SIZE TO BE ABOUT US$50 MILLION
    * UNDER MOU, ASSET MANAGER WILL ASSUME INVESTMENT MANAGEMENT
OF
COMPANY

Further company coverage:  0428.HK 
 ((Reuters.Briefs@thomsonreuters.com;))

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