Brief: Huisheng International Says Updates On New Business On Pipe System Products
March 18 (Reuters) - Huisheng International Holdings Ltd
1340.HK :
* DURING Q4 2019 CO, THROUGH UNIT STARTED NEW BUSINESS FOR
SELLING, DISTRIBUTING OF PIPE SYSTEM PRODUCTS
* GROUP INTENDS TO FINANCE NEW BUSINESS BY ITS INTERNAL
RESOURCES
* DURING PAST SEVERAL MONTHS, UNIT HAS BEEN DISCUSSING WITH
GERMAN
CO FOR MATTERS OF OBTAINING DISTRIBUTION RIGHT
* DISTRIBUTION RIGHT HAS BEEN GRANTED TO UNIT BY LICENSOR
Source text for Eikon: ID:nHKS4VXDZ1
Further company coverage: 1340.HK
((Reuters.Briefs@thomsonreuters.com;))
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