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Brief: Neway Group Holdings updates on commencement of new business activity

Dec 7 (Reuters) - Neway Group Holdings Ltd  0055.HK : 
 * Voluntary announcement commencement of new business activity  0055.HK  
 * co currently in negotiation with vinux to explore other exclusive top-level operator opportunities of vinux neighbourhood stores in other cities in the prc 
 * Group, through unit, signed an agreement with a subsidiary of vinux (Beijing) information technology 
 * Is of the view that the new business activity can diversify the group's income stream and broaden its revenue base" 
 * Pursuant to agreement co was authorised to act as an exclusive top-level operator of vinux neighbourhood stores in Weifang city 
 * Source text for Eikon  ID:nHKS9MKPXn  
 
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