Brief: Vcplus Ltd Entered Strategic Collaboration Framework Deal With Delta Investment Holding Group
05/10/2023 16:13
Oct 5 (Reuters) - Vcplus Ltd VCPL.SI :
* ENTERED INTO A STRATEGIC COLLABORATION FRAMEWORK AGREEMENT
WITH
DELTA INVESTMENT HOLDING GROUP
* UNDER AGREEMENT, PARTIES AGREED TO INCORPORATE A JV CO
* VEIVO TECH SHALL APPOINT JVCO AS EXCLUSIVE DISTRIBUTOR OF
VEIVO
SERVICES IN ASIA PACIFIC REGION (EXCLUDING CHINA)
* JVCO SHALL BE 51% OWNED BY COMPANY
Source text for Eikon: ID:nSN43kP9D
Further company coverage: VCPL.SI
((Reuters.Briefs@thomsonreuters.com;))
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