Brief: Simplicity Announces Regarding Formation Of Joint Venture
18/04/2019 12:28
April 18 (Reuters) - Simplicity Holding Ltd 8367.HK :
* UNIT WITH CABLETRON INVESTMENTS LIMITED, DCL LOGISTICS
(HONG
KONG), YAU WAI LEUNG ENTERED INTO JV AGREEMENT IN RELATION TO JV
COMPANY
* ISSUED SHARE CAPITAL OF JV COMPANY WILL BE OWNED AS TO 50%
BY
FGL, AS TO 30% BY CIL, AS TO 10% BY YAU AND AS TO 10% BY DCL
Source text for Eikon: ID:nHKS3t4JXf
Further company coverage: 8367.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Simplicity Holding
See all newsBrief: Simplicity Appoints Zhang Qifeng As Executive Director
Brief: Simplicity Holding To Place Up To 13.8 Million Shares At HK$0.180 Per Share
Brief: Simplicity Holding Announces Placing Up To 13.8 Million New Shares At HK$0.180 Per Share
Brief: Simplicity Holding Expects Loss HK$20.9 Mln For Year
Brief: Simplicity Holding Says Every 20 Issued Shares Of Hk$0.01 Each To Be Consolidated Into 1