Brief: Nanofilm Technologies International Says Nanofilm Enters Into Definitive Agreement With Temasek

Nanofilm Technologies International

19/07/2021 14:10

July 19 (Reuters) - Nanofilm Technologies International Ltd
 NANO.SI :
    * NANOFILM TECHNOLOGIES INTERNATIONAL LTD- NANOFILM ENTERS
INTO
DEFINITIVE AGREEMENT WITH TEMASEK
    * NANOFILM TECHNOLOGIES INTERNATIONAL LTD- AGREEMENT TO
ESTABLISH
SYDROGEN, MARKING STRATEGIC ENTRY INTO HYDROGEN ECONOMY
    * NANOFILM TECHNOLOGIES INTERNATIONAL LTD- TOTAL INITIAL
INVESTMENT IN SYDROGEN IS UP TO S$140 MILLION
    * NANOFILM TECHNOLOGIES INTERNATIONAL LTD- INVESTMENT
COMPRISES
CASH CONTRIBUTION OF UP TO S$21 MILLION BY NANOFILM
    * NANOFILM TECHNOLOGIES INTNL-AGREEMENT INCLUDES TRANSFER OF
GROUP'S HYDROGEN ENERGY BUSINESS & LICENCE OF INTELLECTUAL
PROPERTY RELATING TO BUSINESS
    * NANOFILM TECHNOLOGIES INTERNATIONAL-SYDROGEN ENERGY PTE TO
DEVELOP NEW COMPONENTS AND SOLUTIONS TO ENABLE USE OF HYDROGEN
AS AN ENERGY SOURCE
    * NANOFILM TECHNOLOGIES INTERNATIONAL LTD- GROUP TO HAVE 65%
SHAREHOLDING IN SYDROGEN

Source text for Eikon:  ID:nSN9HSYZg 
Further company coverage:  NANO.SI 

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