Brief: Success Dragon Int'l Says To Start Business Of Processing Gold-Laden Carbon And Sale Of Gold

Success Dragon International Holdings

24/03/2020 12:18

March 24 (Reuters) - Success Dragon International Holdings
Ltd  1182.HK :
    * GROUP WILL COMMENCE BUSINESS OF PROCESSING GOLD-LADEN
CARBON AND
SALE OF GOLD AND OTHER PRECIOUS METALS.
    * DOES NOT EXPECT SUBSTANTIAL CAPITAL EXPENDITURES TO BE
INCURRED
FOR ESTABLISHMENT OF PRODUCTION LINE
    * CAPITAL EXPENDITURE & WORKING CAPITAL REQUIRED FOR NEW
BUSINESS
WILL BE FUNDED FROM GROUP'S INTERNAL RESOURCES
    * TO ESTABLISH A PRODUCTION LINE IN YUNNAN PROVINCE, PRC,
FOR
EXTRACTION OF GOLD AND OTHER PRECIOUS METALS

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS3Pb6tv
Further company coverage:  1182.HK 

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