Brief: Feiyu Technology International says unit entered licence agreement
29/03/2016 11:08
March 29 (Reuters) - Feiyu Technology International Co Ltd 1022.HK : * The licensors, and the licensee entered into the licence agreement * Pursuant to deal, licensors agreed to grant to licensee exclusive non-assignable right to use property * Licensee shall pay licensors the royalty in the amount equal to 8% of sales revenue generated by films * International-estimates aggregate amounts in respect of transactions under agreement shall not exceed hk$2 million, hk$5 mln,hk$10 million for 2016,2017 &2018 Source text for Eikon ID:nHKS7Fndz3 ((For more news, please click here 1022.HK )) ((Bengaluru Newsroom; +91 806749 1130))
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