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Daisho Microline Announces New JV Agreement and Termination of Previous JV

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Daisho Microline Announces New JV Agreement and Termination of Previous JV

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An update from Daisho Microline Holdings Limited ( (HK:0567) ) is now available.

Daisho Microline Holdings Limited announced a new shareholders’ agreement involving Digital Mind and HKFA for a joint venture (JV), where Digital Mind will hold a 40% stake. The company will provide a shareholder’s loan of HK$19,844,000 to the JV, which will not be consolidated into the group’s financial statements. Additionally, the termination of a previous JV agreement with LBG was disclosed, deemed to have no adverse impact on the company’s financial performance.

More about Daisho Microline Holdings Limited

Daisho Microline Holdings Limited is a company incorporated in Bermuda, operating in the financial sector. The company is involved in providing financial assistance and forming joint ventures, focusing on strategic investments and partnerships.

Average Trading Volume: 364,743

Technical Sentiment Signal: Hold

Current Market Cap: HK$164.6M

See more data about 0567 stock on TipRanks’ Stock Analysis page.

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