Brief: Loto Interactive Says Unit & JV Partner Entered JV Deal To Form JV Co

Crypto Flow Technology

14/06/2019 11:10

June 14 (Reuters) - Loto Interactive Ltd  8198.HK :
    * UNIT & JV PARTNER ENTERED JV DEAL TO FORM JV CO, MAINLY
FOR
VEHICLE FOR INVESTMENT IN AND OPERATION OF BIG DATA CENTRE
SERVICES
    * CAPITAL CONTRIBUTION BY LOTO SHENZHEN FOR 51% STAKE IN
JVCO IS
RMB76.5 MILLION
    * CAPITAL CONTRIBUTION PAYABLE BY JV PARTNER SHENZHEN
CHENGYOU
TECHNOLOGY FOR 49% STAKE IN JV CO IS RMB73.5 MILLION

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS5Zcblp
Further company coverage:  8198.HK 

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