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596 Pavillon Holdings News Story

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Brief: Pavillon Holdings updates on establishment of JVC in PRC

Jan 12 (Reuters) - Pavillon Holdings Ltd  PAVI.SI : 
 * Says establishment of a joint venture company in people's republic of China 
 * Says registered share capital of srpfl is USD30 million 
 * Pursuant to the jv agreement, the company and bsrict will each hold 50% 
   shareholding interests respectively 
 * Says investment in srpfl will be funded through internal resources 
 * Transaction not expected to have any material impact on consolidated nta and 
   EPS of co for FY ending 31 December 2016 
 
 * Source text for Eikon  ID:nSNZ8NZMw2  
 
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