Brief: Sinosoft Technology Group Says Unit Signed Contribution Agreement With Focus Technology To Form Jv

Nanjing Sample Technology

21/03/2018 09:01

March 21 (Reuters) - Sinosoft Technology Group Ltd
 1297.HK :
    * UNIT ENTERED IN A CONTRIBUTION AGREEMENT WITH FOCUS
TECHNOLOGY
CO‍​
    * ‍PROPOSED TOTAL REGISTERED CAPITAL OF JV SHALL BE RMB10
MILLION
    * INTENDED THAT CO'S UNIT WOULD HOLD 65 PERCENT STAKE IN JV
CO
    * INTENDED FOCUS TECHNOLOGY & SAMPLE TECHNOLOGY WOULD EACH
HOLD
17.5 PERCENT STAKE IN JV CO
    * JV SETUP FOR TRADE PROCESS OPERATIONS, DATA MANAGEMENT, &
DECISION ANALYSIS FOR IMPORT & EXPORT ENTERPRISES IN CHINA ​

Source text for Eikon:  urn:newsml:reuters.com:*:nHKSBZ8BH
Further company coverage:  1297.HK 

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