Brief: ZPC Otmuchów Unit Signs NDA With Asian Sweets Producer

Zaklady Przemyslu Cukierniczego Otmuchow SA

19/10/2022 07:42

Oct 19 (Reuters) - ZPC Otmuchów SA  OTMP.WA :
    * SAID ON TUESDAY ITS UNIT PWC ODRA HAS SIGNED
NON-DISCLOSURE
AGREEMENT (NDA) WITH PRODUCER OF SWEETS FROM FAR EAST (PARTNER)
REGARDING POSSIBLE COOPERATION 
    * PARTIES CONSIDER JOINT VENTURE, DIRECT PRODUCTION OF
SWEETS FOR
PARTNER BY GROUP OR BOTH OPTIONS
    * COMPANY CONTINUES ANALYSIS OF BUINESS PROSPECTS FOR GROUP
INCLUDING PROSPECTS FOR REMAINING SEGMENTS AND BUSINESS LINES
AND THEIR ASSETS
    * COMPANY DOES NOT RULE OUT SALE OF SELECTED ASSETS OR
CHANGING
THEIR PURPOSE IN ORDER TO OBTAIN OWN FUNDS FOR FINANCING
INVESTMENTS

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nEMKSKnha
 Further company coverage:  OTMP.WA  
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))