Brief: CAA Resources Says Unit Entered Into JV Agreement With Affluent Oasis

Grace Life-tech Holdings

14/12/2018 11:21

Dec 14 (Reuters) - CAA Resources Ltd  2112.HK :
    * UNIT ENTERED INTO JV AGREEMENT WITH AFFLUENT OASIS SDN.
BHD
    * UNIT TO SUBSCRIBE FOR 33.3% ISSUED SHARES OF JV COMPANY AT
US$50
MILLION
    * JV PARTNER WILL SUBSCRIBE FOR 66.7% ISSUED SHARES OF JV
COMPANY
AT US$100 MILLION

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS21fmFC
Further company coverage:  2112.HK 

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