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Dec 16 (Reuters) - Netlinkz Ltd (NET) : FINALISED CHINA JV...

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    16/12/19
    10:25
    Post #: 41984353

    Dec 16 (Reuters) - Netlinkz Ltd (NET) :

    • FINALISED CHINA JV AGREEMENT WITH ISOFTSTONE INFORMATION AND TECHNOLOGY (GROUP) CO. LTD AND ESTABLISHED BEIJING ILINKALL TECHNOLOGY CO
    • NETLINKZ TECHNOLOGY HONG KONG LIMITED WILL OWN 80% OF ILINKALL WITH AN ENTITY NOMINATED BY ISOFTSTONE OWNING 20%
    • CHANGE IN OWNERSHIP STRUCTURE OF ILINKALL ALLOWS CO TO REVISE PREVIOUSLY ANNOUNCED EXPECTED REVENUE FOR 2020 TO A$15.3M FROM A$10.1M
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