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BRIEF-Sun Art Retail enters new subcontracting agreement with Patinvest
December 23, 2016 / 10:25 AM / 9 months ago

BRIEF-Sun Art Retail enters new subcontracting agreement with Patinvest

Dec 23 (Reuters) - Sun Art Retail Group Ltd

* Patinvest agrees to grant to company exclusive right to provide negotiation services in relation to certain international cooperation agreements

* consideration payable to company shall be 85% of amount payable by international suppliers for services performed in asia

* company entered into new agency agreement and new subcontracting agreement with Patinvest.

* pursuant to new subcontracting agreement, Patinvest agrees to subcontract to co patinvest’s performance obligations in Asia Source text for Eikon: Further company coverage:

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