Brief: Obducat signs letter of intent concerning joint venture with Asian LED player

Obducat AB

16/12/2016 07:30

Dec 16 (Reuters) - Obducat Ab  OBDUb.NGM : 
    * Signs letter of intent concerning a joint venture with Asian led player 
    * Negotiations are expected to be finalized during Q1 2017 
    * If joint venture is established intention is to place an order for five Sindre 400 NIL 
systems at a prelim value of 1 million euros each 
 
Source text for Eikon:  ID:nWkrlp3416  
Further company coverage:  OBDUb.NGM  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))