Brief: Somerley Capital's Unit And Coinstreet Holdings Entered Into A Joint Venture Agreement

Somerley Capital Holdings

17/12/2021 14:32

Dec 17 (Reuters) - Somerley Capital Holdings Ltd  8439.HK :
    * UNIT AND COINSTREET HOLDINGS ENTERED INTO A JOINT VENTURE
AGREEMENT
    * ESTABLISHMENT OF NEW JV WITH TO AIM TO PROVIDE ADVICE AND
MANAGEMENT OF SECURITY TOKEN OFFERINGS
    * UNIT AND COINSTREET WILL BE INTERESTED IN 25% AND 75% OF
INITIAL
CAPITAL OF JV, RESPECTIVELY
    * UNIT HAS OPTION TO INVEST FURTHER CASH INTO JV FOR AN
ADDITIONAL
INTEREST IN JV

Source text for Eikon:  ID:nHKS23sM1w 
Further company coverage:  8439.HK 

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