Brief: Vpower Group International Says Co & Unit Entered Shareholders' Agreement With Cntic Co, Cntic, & Cntic Vpower Group

Vpower International Holdings

18/05/2020 15:58

May 18 (Reuters) - VPower Group International Holdings Ltd
 1608.HK :
    * VPOWER GROUP INTERNATIONAL-CO & UNIT ENTERED SHAREHOLDERS'
AGREEMENT WITH CNTIC CO, CNTIC, & CNTIC VPOWER GROUP
    * VPOWER GROUP INTERNATIONAL - UNDER AGREEMENT, VP CO SHALL
CONTRIBUTE $90 MILLION IN AGGREGATE TO JV CO
    * VPOWER GROUP INTERNATIONAL-AGREEMENT ON TERMS TO GOVERN,
AMONG
OTHER THINGS, RELATIONSHIP BETWEEN UNIT & CNTIC CO AS
SHAREHOLDERS OF JV CO
    * VPOWER GROUP INTERNATIONAL- VP CO & CNTIC CO AGREE TO
CONTRIBUTE
EQUITY &/OR LOAN CAPITAL OF UPTO US$180 MILLION PAYABLE BY BOTH
IN EQUAL SHARE

Source text for Eikon:  ID:nHKS6FlMPL 
Further company coverage:  1608.HK 

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