Brief: Sprocomm Intelligence's Unit Entered Into Investment Agreement With Lingang Committee
26/11/2020 08:59
Nov 26 (Reuters) - Sprocomm Intelligence Ltd 1401.HK :
* ENTERED INTO INVESTMENT AGREEMENT WITH LINGANG COMMITTEE
* UNIT TO SET UP SMART DEVICE RESEARCH AND DEVELOPMENT HQ
WITH
INVESTMENT OF FIXED ASSETS OF NOT LESS THAN RMB120 MILLION
* LINGANG COMMITTEE AGREED TO PROVIDE VARIOUS KINDS OF
SUPPORT &
SUBSIDY TO CO UNDER AGREMEENT
Source text for Eikon: ID:nHKSc12vk5
Further company coverage: 1401.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Future Machine
See all newsBrief: Future Machine Ltd Sees Revenue RMB4,400 Million For Year
Brief: Future Machine Enters Into Nine MOUs For Overseas Expansion
Brief: Future Machine To Raise Gross Proceeds Of Up To Hk$140 Million At Hk$0.28 Per Rights Share
Brief: Sprocomm Intelligence Sees FY Net Profit Between RMB10.0 Million To RMB18.0 Million
Brief: Sprocomm Intelligence Appoints He Wenyuan & Chan Hoi Shu As Executive Director