Brief: CT Vision (International) Holdings Enters JV Deal With Zhejiang Ct Shunlian Network Technology
25/01/2021 15:12
Jan 25 (Reuters) - CT Vision (International) Holdings Ltd
0994.HK :
* ENTERS JV DEAL WITH ZHEJIANG CT SHUNLIAN NETWORK
TECHNOLOGY
* JV OWNED AS TO 51% BY SHENZHEN CT VISION, 39% BY ZHEJIANG
SHUNLIAN & 10% BY A SENIOR MANAGEMENT STAFF OF ZHEJIANG SHUNLIAN
* PROPOSES TO INCREASE AUTHORISED SHARE CAPITAL OF CO FROM
HK$10
MILLION TO HK$15.6 MILLION
* JV TO BE PRINCIPALLY ENGAGED IN E-COMMERCE RETAIL BUSINESS
OF
OWN-BRANDED PRODUCTS AMONG OTHERS
Source text for Eikon: ID:nHKS5cQgYf
Further company coverage: 0994.HK
((Reuters.Briefs@thomsonreuters.com;))
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