Feb 9 (Reuters) - Soo Kee Group Ltd :
* Entry into memorandum of understanding relating to proposed joint venture in Thailand
* Soo Kee Group Ltd. entered into a memorandum of understanding (“mou”) dated 9 February 2017 with Aurora Design Co., Ltd.
* Group and Aurora will hold 40% and 60% of equity interest in JVC, respectively
* Co and Aurora intends to establish a joint venture company to be incorporated in Thailand
* JVC is proposed to have an initial registered and paid-up capital of 30 million baht
* JV to develop, operate business of selling gold and diamond products under “love & co.” trademarks, trade or brand name in thailand
* Entry into MOU is not expected to have material impact on eps of group for current financial year ending 31 Dec 2017 Source text for Eikon: Further company coverage: