Brief: ZK International Enters Budgeted $49.7 Million Arrangement With Shandong Huaye Group

ZK International Co

12/06/2020 13:53

June 12 (Reuters) - ZK International Group Co Ltd  ZKIN.O :
    * ZK INTERNATIONAL ENTERS INTO BUDGETED $49.7 MILLION
EXPANSION,
SUPPLYING AND DISTRIBUTION FRAMEWORK ARRANGEMENT WITH SHANDONG
HUAYE GROUP
    * ZK INTERNATIONAL - AGREEMENT FOR HUAYE'S ONGOING
PRODUCTION LINE
& MACHINE UPGRADES AND ACT AS CO'S STRATEGIC SUPPLIER &
DISTRIBUTOR
    * ZK INTERNATIONAL - PHASE I OF UPGRADES IS EXPECTED TO BE
COMPLETED BY SEPTEMBER, 2020

Source text for Eikon:  ID:nPnb1gYvha 
Further company coverage:  ZKIN.O 

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