Brief: Hatten Land Says Unit Entered Into Joint Venture Agreement With Hydrax Pte Ltd

Metrocon Holdings

31/10/2021 23:27

Nov 1 (Reuters) - Hatten Land Ltd  HATT.SI :
    * UNIT ENTERED INTO A JOINT VENTURE AGREEMENT WITH HYDRAX
PTE LTD
    * HTPL WILL HOLD 60% OF SHARES IN JVC AND HYDRA X WILL HOLD
REMAINING 40%
    * JV TO CARRY ON BUSINESS OF ESTABLISHMENT AND OPERATION OF
DIGITAL TOKEN EXCHANGE IN SINGAPORE AND MALAYSIA
    * HTPL SHALL PROVIDE SUM OF US$500,000 AS INITIAL WORKING
CAPITAL
FOR JVC IN FORM OF LOAN

Source text for Eikon:  ID:nSN7k03Cf 
Further company coverage:  HATT.SI 

 ((Reuters.Briefs@thomsonreuters.com;))