News: SGI Stealth Global And Bisley Workwear Establish JV In Uk

March 21 (Reuters) - Stealth Global Holdings Ltd (SGI) :

• AND BISLEY WORKWEAR ESTABLISH JV IN UK AND SIGN FOUNDATION CUSTOMER AGREEMENTS
• JV TO LAUNCH BISLEY WORKWEAR PRODUCT RANGE IN UK, WEST AFRICA AND EUROPEAN MARKETS
• STEALTH'S CONTRIBUTION TO JV LIKELY TO REDUCE STEALTH'S PROSPECTUS REVENUE FORECAST FOR FY 2019 BY ABOUT $2.8 MILLION
• EXPECTS POSITIVE RETURN ON INVESTMENT IN FORM OF ADDITIONAL REVENUE GROWTH IN FY2020 AND BEYOND
• JV CO BSA BRANDS (UK) LTD TO INVEST AROUND $1.5 MILLION OVER NEXT TWO YEARS

Source text: (http//bit.ly/2CtQsY0)

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