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8293 Singasia Holdings News Story

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Brief: Singasia Says Unit Entered Into A Non-Legally Binding Memorandum Of Understanding For Formation Of JV Co

Feb 25 (Reuters) - Singasia:
    * UNIT ENTERED INTO A NON-LEGALLY BINDING MEMORANDUM OF
UNDERSTANDING FOR FORMATION OF JV CO
    * JV CO TO BE SET UP FOR ENGAGING IN SOFTWARE AND
INFORMATION
TECHNOLOGY SERVICE BUSINESS IN PRC
    * JV CO IN GUANGDONG, PRC, WITH REGISTERED CAPITAL OWNED AS
TO 51%
BY UNIT

Further company coverage:  8293.HK 

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

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