Brief: Grandshores Technology Group Unit And Esun Technology Enter Cooperation Agreement
14/08/2019 12:15
Aug 14 (Reuters) - Grandshores Technology Group Ltd
1647.HK :
* CO'S UNIT AND ESUN TECHNOLOGY (SHENZHEN) CO., LTD ENTERED
INTO A
STRATEGIC COOPERATION FRAMEWORK AGREEMENT
* SILVER FAME AND ESUN TO ESTABLISH A JV CO IN HONG KONG TO
JOINTLY EXPAND ELECTRONIC CIGARETTE BUSINESS IN OVERSEAS MARKETS
* EACH OF SILVER FAME AND ESUN WILL OWN 50% EQUITY INTEREST
IN
JOINT VENTURE
* REGISTERED CAPITAL OF JOINT VENTURE SHALL NOT EXCEED
HK$100
MILLION
* SILVER FAME AND ESUN WILL RESEARCH AND DEVELOP AND SELL
CANNABIDIOL AND OTHER TYPES OF CANNABIS ELECTRONIC CIGARETTES
Source text for Eikon: ID:nHKS3Gb6lp
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