Brief: Li Bao GE Enters Into Cooperation Agreement With Kafelaku Coffee International

Kafelaku Coffee Holding

18/11/2022 12:48

Nov 18 (Reuters) - Li Bao Ge Group Ltd  1869.HK :
    * CO ENTERED INTO COOPERATION AGREEMENT WITH KAFELAKU COFFEE
INTERNATIONAL TO ESTABLISH JOINT VENTURE COMPANY
    * JV CO WITH PROPOSED REGISTERED SHARE CAPITAL OF HK$10.0
MILLION
    * JV TO SET UP A CO AND OPEN COFFEE CHAIN STORES IN PRC
    * CO WILL CONTRIBUTE HK$5.1 MILLION IN FORM OF CASH TO JV CO

Source text for Eikon:  ID: 
Further company coverage:  1869.HK 
 ((Reuters.Briefs@thomsonreuters.com;))