Brief: TLV says Taka Hong Kong Venture enters agreement with Maoming Liutao Zhubao Chuangyi Chanye

Taka Jewellery Holdings

14/06/2017 10:45

June 14 (Reuters) - Tlv Holdings Ltd  TLVH.SI : 
    * Entry into a joint venture agreement 
    * Taka Hong Kong Venture entered into a joint venture 
agreement with Maoming Liutao Zhubao Chuangyi Chanye Co., Ltd 
    * Total amount of Taka HK venture's investment in proposed 
prc JV shall be RMB9.8 million 
    * Incorporation of proposed prc JV not expected to have any 
material impact on earnings per share of group for year ending 
31 March 2018 
    * Proposed prc JV plans to open a chain of retail stores and 
series of retail counters in Maoming area 
 
Source text for Eikon:  ID:nSNZ5Hy0LN  
Further company coverage:  TLVH.SI  
 
 ((Bangalore.newsroom@thomsonreuters.com;))