Brief: Wang On Group Announces Formation Of A Joint Venture
29/12/2022 24:29
Dec 29 (Reuters) - Wang On Group Ltd 1222.HK :
* FORMATION OF A JOINT VENTURE
* WICKERT INVESTMENTS & EVER SONIC ENTERPRISES ENTERED INTO
SHAREHOLDERS' AGREEMENT WITH PENTA HOLDING (BVI) L.P. AND
OTHERS
* AGREEMENT FOR JV FORMATION FOR ENGAGING IN ACQUISITION &
OPERATION OF ALL PIECE OR PARCEL OF GROUND IN KOWLOON, HK
* TOTAL MAXIMUM CAPITAL COMMITMENT OF WOP JV PARTNERS IN
FORTUNE
HARBOUR INVESTMENTS AND MEGA HOPE GLOBAL IS HK$504.0 MILLION
* JV COMPANIES ARE AND WILL REMAIN OWNED AS TO 35% BY WOP JV
PARTNERS
Source text for Eikon: ID:nHKSqszmD
Further company coverage: 1222.HK
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