Brief: Nexion Technologies Says Unit Entered Into JV Agreement With AOPU And Fulipai
24/09/2019 10:48
Sept 24 (Reuters) - Nexion Technologies Ltd 8420.HK :
* UNIT ENTERED INTO JV AGREEMENT WITH AOPU AND FULIPAI,
PURSUANT
TO WHICH PARTIES AGREED TO ESTABLISH JV COMPANY
* JV COMPANY WILL OPERATE A SAAS PLATFORM THROUGH ITS
SELF-DEVELOPED SYSTEM TO PROVIDE INTEGRATED SERVICES
* JV COMPANY WILL BE OWNED BY CHARM STAR, AOPU AND FULIPAI
AS TO
55%, 25% AND 20%, RESPECTIVELY
* TOTAL REGISTERED CAPITAL OF JV COMPANY WILL BE RMB20
MILLION
Source text for Eikon: ID:nHKS99wkph
Further company coverage: 8420.HK
((Reuters.Briefs@thomsonreuters.com;))
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