Brief: Singapore Paincare Announces JV Deal With Beijing Puxiang Hospital Investment Management

Singapore Paincare Holdings

06/07/2023 07:04

July 6 (Reuters) - Singapore Paincare Holdings Ltd
 SINR.SI :
    * ENTRY INTO A JOINT VENTURE AGREEMENT
    * ENTERED INTO A JV AGREEMENT WITH BEIJING PUXIANG HOSPITAL
INVESTMENT MANAGEMENT CO
    * JV COMPANY WILL HAVE A REGISTERED CAPITAL OF RMB1 MILLION
    * UPON INCORPORATION, JV CO WILL BECOME A 49% OWNED
ASSOCIATED
COMPANY OF CO
    * UNDER JVA, PARTIES INTEND TO ESTABLISH  JOINT VENTURE CO,
PUXIN
PAIN TECHNOLOGY HOSPITAL MANAGEMENT TO BE INCORPORATED IN CHINA
    * JV CO TO PERFORM TECHNICAL SERVICES RELATED TO PAIN CARE,
TRAINING SERVICES, AMONG OTHERS

Source text for Eikon:  ID:nSN45RZN7 
Further company coverage:  SINR.SI 

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