March 7, 2017 / 8:00 AM / 7 months ago

BRIEF-Ailleron to establish new subsidiary in Singapore

March 7(Reuters) - Ailleron SA:

* Said on Monday that its supervisory board adopted a resolution to establish a new wholly-owned unit in Singapore

* The aim of the new unit is to accelerate sales on the Asian market of LiveBank and Wealth products and specialized IT outsourcing services

* The company to grant a loan of up to 500,000 zlotys ($122,944) to its newly established subsidiary

Source text for Eikon:

Further company coverage: ($1 = 4.0669 zlotys) (Gdynia Newsroom)

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