Brief: Virtual Mind Says On 11 April, Unit Entered Into Joint Venture Establishment Agreement

Virtual Mind Holding Co

14/04/2022 14:29

April 14 (Reuters) - Virtual Mind Holding Co Ltd  1520.HK :
    * ON 11 APRIL 2022, UNIT ENTERED INTO A JOINT VENTURE
ESTABLISHMENT AGREEMENT WITH INDIVIDUALS
    * AGREEMENT TO ESTABLISH A JOINT VENTURE COMPANY, NAMELY
QINGDAO
TIANJI YOUPIN APPAREL CO.
    * JV CO HAS BEEN ESTABLISHED ON 13 APRIL & ITS REGISTERED
CAPITAL
IS RMB10 MILLION
    * BUSINESS SCOPE OF JV CO INCLUDES, AMONG OTHERS, CARRYING
OUT OF
MANUFACTURE, RETAIL AND WHOLESALE OF APPAREL, APPAREL
ACCESSORIES
    * EQUITY INTERESTS OF JV COMPANY ARE HELD AS TO 82% BY UNIT

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