Brief: Jerash Holdings Through Its Unit Treasure Success, Entered Into A Shareholders' Agreement With Newtech Textile Limited

Jerash Holdings (US)

12/10/2023 13:54

Oct 12 (Reuters) - Jerash Holdings (US) Inc  JRSH.O :
    * JERASH HOLDINGS (US): ON OCT 10, THROUGH ITS UNIT TREASURE
SUCCESS, ENTERED INTO A SHAREHOLDERS' AGREEMENT WITH NEWTECH
TEXTILE (HK) LIMITED
    * JERASH HOLDINGS (US) INC: JOINT VENTURE COMPANY TO BE
NAMED
JERASH NEWTECH (HONG KONG) HOLDINGS LIMITED
    * JERASH HOLDINGS (US) INC-AS PER DEAL, JERASH NEWTECH (HONG
KONG)
, OF WHICH TREASURE SUCCESS WILL HOLD 51% OF EQUITY INTERESTS,
NEWTECH WILL HOLD 49%

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Further company coverage:  JRSH.O 

 ((Reuters.Briefs@thomsonreuters.com))