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SWANGCHAICHUAN Forms JV with Holista for Australian Ovine Nano-Collagen Plant
SWANGCHAICHUAN (02321.HK) has entered into a binding joint venture agreement with Holista Colltech Limited (HCT) in relation to the funding, development and operation of an ovine n...
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SWANGCHAICHUAN (02321.HK)  0.000 (0.000%)   has entered into a binding joint venture agreement with Holista Colltech Limited (HCT) in relation to the funding, development and operation of an ovine nano-collagen production facility in Collie, Western Australia, as announced by SWANGCHAICHUAN.

The joint venture will be undertaken through Ovicoll Pty Ltd, with an initial shareholding structure of 50:50 between the Company and HCT. The Company will contribute MYR5 million (approx. AUD1.6 million) as its initial capital contribution to fund the commissioning and initial working capital requirements of the joint venture company.
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