Brief: Xiabuxiabu catering management china enters into JV agreement

Xiabuxiabu Catering Management (China) Holdings

18/10/2016 13:42

Oct 18 (Reuters) - Xiabuxiabu Catering Management China 
Holdings Co Ltd  0520.HK - 
    * Company and Ho Kuang-Chi entered into JV agreement 
    * Company and Ho commit to invest US$1 million into JV Co by 
subscribing for its shares upon formation of JV Co 
    * Upon establishment of JV subsidiary Company shall enter 
into a licensing agreement with JV subsidiary 
    * Co and Ho agreed to contribute 60% and 40% of total issued 
share capital of JV company 
 
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