Brief: Setanta Signs LoI On Cooperation With JR Holding

JRH ASI SA

15/06/2018 07:29

June 15 (Reuters) - SETANTA ALTERNATYWNA SPOLKA
INWESTYCYJNA SA  SET.WA :
    * SAID ON THURSDAY THAT IT SIGNED LETTER OF INTENT (LOI)
WITH JR
HOLDING SA  JRH.WA  ON OPERATIONAL, BUSINESS AND CAPITAL
COOPERATION 
    * SAID IT CONSIDERS PREPARING UPDATED DEVELOPMENT STRATEGY
THAT
WOULD REFLECT POTENTIAL COOPERATION WITH JR HOLDING AND NEW
INVESTMENT POLICY  
    * SAID IT RESIGNS FROM INVESTING IN COMPANIES AT AN EARLY
STAGE OF
DEVELOPMENT WHICH REQUIRE FREQUENT CAPITAL RAISING AND ARE
SUBJECT TO CONSIDERABLE RISK

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM7qT8Wza
    
 Further companies coverage:  SET.WA ,  JRH.WA 
   


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