Brief: Oceanus Group enters into collaboration agreement
28/07/2017 08:57
July 28 (Reuters) - Oceanus Group Ltd OCGL.SI
* Entered into a collaboration agreement with
Australia-based Abalone processor and retailer, BNY Abalone
World Factory Outlet Pty Ltd
* Oceanus will own 60% of BNY, and latter will be renamed
Oceanus Australia Abalone World Pty Ltd
* Agreement to further sales expansion into melbourne,
Sydney and Asia- Pacific markets
* OAAW and SG JV co is expected to commence contributions to
oceanus from financial year ending December 31, 2017
Source text for Eikon: urn:newsml:reuters.com:*:nSNZ3bSJJj
Further company coverage: OCGL.SI
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