Bagir Group Ltd Update relating to strategic partnership (3530B)
January 09 2018 - 6:00AM
UK Regulatory
TIDMBAGR
RNS Number : 3530B
Bagir Group Ltd
09 January 2018
9 January 2018
Bagir Group Ltd.
("Bagir" or the "Company")
Receipt of initial $1.65 deposit from Shandong Ruyi
Bagir (AIM: BAGR), a designer, creator and provider of
innovative tailoring, is pleased to confirm that it has now
received the $1.65m initial deposit payment from Shandong Ruyi
Group.
Bagir is currently in the process of preparing the necessary
shareholder circular and notice of EGM in order to approve the full
investment by Shandong Ruyi Group. Further announcements will be
made as appropriate.
For further information, please contact:
Bagir Group Ltd. via Novella Communications on:
Eran Itzhak, Chief Executive Officer +44 (0) 20 3151 7008
Udi Cohen, Chief Financial Officer
Tessa Laws, Non-Executive Chairman
N+1 Singer
Alex Price +44 (0) 20 7496 3000
Novella
Tim Robertson
Toby Andrews +44 (0) 20 3151 7008
This information is provided by RNS
The company news service from the London Stock Exchange
END
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