General Announcement::OEL ENTERED INTO JV AGREEMENT WITH SHANGHAI SUNTEC CO., LTD TO MANUFACTURE & MARKET HIFU MACHINE

Issuer & Securities

Issuer/ Manager
OEL (HOLDINGS) LIMITED
Securities
OEL (HOLDINGS) LIMITED - SG0584008601 - 584
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
09-Jun-2020 13:00:10
Status
New
Announcement Sub Title
OEL ENTERED INTO JV AGREEMENT WITH SHANGHAI SUNTEC CO., LTD TO MANUFACTURE & MARKET HIFU MACHINE
Announcement Reference
SG200609OTHR0UFD
Submitted By (Co./ Ind. Name)
Zhao Xin
Designation
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
PRESS RELEASE

- OEL HEALTHCARE DIVISION - OEL (HOLDINGS) LIMITED ENTERED INTO JOINT VENTURE AGREEMENT WITH SHANGHAI SUNTEC CO., LTD TO JOINTLY MANUFACTURE AND MARKET HIGH-INTENSITY FOCUSED ULTRASOUND MACHINE

- PREMISE AT ALJUNIED BUILDING TO BE USED AS MANUFACTURING PLANT

- EXPERTISE OF SHANGHAI LONGJIAN'S MEDICAL TEAM BE DEPLOYED TO PROVIDE MEDICAL SERVICES, INCLUDING AFTER-SALES MEDICAL TRAINING AND REMOTE SURGERY GUIDANCE, PURCHASING MATERIAL AND OTHER HIFU SERVICES

Please see attached.

Attachments