Brief: Singasia Holdings Entered Agreement With Center Industrial (Shanghai)
16/01/2019 11:49
Jan 16 (Reuters) - Singasia Holdings Ltd 8293.HK :
* ENTERED NON-LEGALLY BINDING COOPERATION FRAMEWORK
AGREEMENT WITH
CENTER INDUSTRIAL (SHANGHAI) TO ESTABLISH JV
* UNDER AGREEMENT, JV WILL BE OWNED AS TO 51% BY CO AND 49%
BY
CODE CENTER
* JV CO WILL START SERIES OF BUSINESS THAT COLLECTS PATENT
LICENSE
ROYALTIES FROM DOMESTIC VENTURES AND ORGANISATIONS
Source text for Eikon: ID:nHKSbP3g2m
Further company coverage: 8293.HK
((Reuters.Briefs@thomsonreuters.com;))
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