Brief: Skynet Group updates on cooperation agreement with an airline company

SuperRobotics Holdings

24/10/2016 13:50

Oct 24 (Reuters) -    Skynet Group Ltd  8176.HK : 
    * Skynet group ltd- shenzhen donica entered into another 
cooperation agreement  with airline 
    * Skynet - pursuant to 2016 cooperation agreement, annual 
guaranteed minimum payment from shenzhen donica to airline has 
been substantially reduced 
    * Skynet - pursuant to 2016 cooperation agreement shenzhen 
donica is entitled to higher profit sharing ratio for revenue by 
in- flight wlan,wifi connection equipment business 
    * Skynet group ltd- term of 2016 cooperation agreement is 
three years commencing from 24 october 2016 
 
 
     
     
    Source text for Eikon:  ID:nHKS2W3BgL  
    Further company coverage:  8176.HK  
 
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