Brief: Central Wealth Group Entered Into Conditional JV Agreement With FMC Cayman

Smart Fish Wealthlink Holdings

08/05/2024 13:54

May 8 (Reuters) - Central Wealth Group Holdings Ltd
 0139.HK :
    * ENTERED INTO CONDITIONAL JV AGREEMENT WITH FMC CAYMAN
    * AFTER SUBSCRIPTION OF SHARES IN JV, ISSUED SHARE CAPITAL
OF JV
SHALL BE HK$50 MILLION
    * JV TO DEVELOP SMART & NEW ENERGY VEHICLES MARKET INCLUDING
MANUFACTURE & SALES OF SMART VEHICLES, OTHERS
    * ENTERED INTO MOU FMC CAYMAN
    * CO WILL SUBSCRIBE FOR 90% OF SHARES IN JV

Further company coverage:  0139.HK 

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