Brief: PCBL Says In-Principle Approved Term Sheet To Enter Into JV

PCBL Chemical

29/11/2023 14:57

Nov 29 (Reuters) - PCBL Ltd  PCBL.NS :
    * IN-PRINCIPLE  APPROVED TERM SHEET FOR ENTERING INTO JOINT
VENTURE WITH KINALTEK PTY
    * CO SHALL OWN 51% OF SHAREHOLDING IN JV CO, SHALL BE
INFUSING
$16,000,000 IN JV CO
    * CO TO INFUSE FUNDS UP TO $28,000,000 IN STAGES IN JV CO,
FOR
SETTING UP MANUFACTURING FACILITY

Source text for Eikon:  ID:nBSEmnQMx 
Further company coverage:  PCBL.NS 

 ((Reuters.Briefs@thomsonreuters.com;;))