Brief: Grandshores Technology Group Says Hzgs Weicheng & 2 Individuals Entered Cooperation Agreement
08/05/2020 16:15
May 8 (Reuters) - Grandshores Technology Group Ltd
1647.HK :
* GRANDSHORES TECHNOLOGY GROUP-HZGS WEICHENG & 2 INDIVIDUALS
ENTERED COOPERATION AGREEMENT TO SET UP JV CO IN NINGBO DAXIE
DEVELOPMENT ZONE IN PRC
* GRANDSHORES TECHNOLOGY GROUP LTD - TOTAL CAPITAL
CONTRIBUTION
RMB50 MILLION
* GRANDSHORES TECHNOLOGY GROUP - HANGZHOU GRANDSHORES
WEICHENG
TECHNOLOGY WILL CONTRIBUTE RMB25.5 MILLION FOR 51% INTEREST IN
JV CO
* GRANDSHORES TECHNOLOGY GROUP-JV CO WILL ENGAGE IN
INNOVATIVE
DEVELOPMENT WITHIN BUSINESS SECTORS OF MEDICAL DEVICES AMONG
OTHERS
Source text for Eikon: ID:nHKSbFftB3
Further company coverage: 1647.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Grandshores Technology
See all newsBrief: Grandshores Technology Group Expects FY Loss Of S$3 MLN-S$4 MLN
Brief: Grandshores Technology Sees Loss For Six Months Of S$3.0 Mln
Brief: Grandshores Technology Group FY Revenue SGD 84.5 Mln
Brief: Grandshores Technology Sees Profit For Year Of S$1.0 Mln To S$3.0 Mln
Brief: Grandshores Technology Says Unit To Purchase Property At 40 Kaki Bukit Crescent, Singapore