Brief: GP Industries Announces Agreement To Form A JV Company In Thailand

GP Industries

02/12/2019 15:07

Dec 2 (Reuters) - GP Industries Ltd  GPEI.SI :
    * GP INDUSTRIES LTD ANNOUNCES AGREEMENT TO FORM A JOINT
VENTURE
COMPANY IN THAILAND
    * UNDER LOAN DEAL, GP ELECTRONICS TO MAKE AVAILABLE TO STH
HOLDINGS A TERM LOAN FACILITY IN AN AGGREGATE AMOUNT UP TO
US$7.5 MILLION
    * JOINT VENTURE IN THAILAND SHALL BE OWNED AS TO 51% BY GP
ELECTRONICS, AND 49% BY STH

Source text for Eikon:  ID:nSNZ7mPmnW 
Further company coverage:  GPEI.SI 

 ((Reuters.Briefs@thomsonreuters.com;))