Brief: Paradise Entertainment updates on loan, distribution agreements signed by units

Paradise Entertainment

05/10/2016 13:17

Oct 5 (Reuters) - Paradise Entertainment Ltd  1180.HK   
    * Lt Game (an 82%-owned subsidiary of company) entered into 
distribution agreement with lt japan 
    * Lt Japan shall appoint unit as distributor and grant 
exclusive license to market and distribute gaming products to 
customers in macau 
    * Unit  entered into loan agreement to grant loan of a 
principal amount of us$2 million to Lt Japan 
    * Distribution agreement also for a non-exclusive license 
worldwide (excluding macau) for a term of three years 
 
Source text for Eikon:  ID:nHKS2RBx0B  
Further company coverage:  1180.HK  
 
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