AOM International (HKG:0381) entered into an 60-day exclusive MoU with Winutri Life Group to establish a new joint venture in Hong Kong, a Tuesday bourse filing showed.
The JV company will manage Winutri Life Group's anti-aging consumer products, AI rings, and health data operations, which will be re-integrated with AOM's existing businesses.
The combined business will operate under a new business model, with the supply chain, channels, and operations centrally managed by Winutri.
The parties are yet to enter into a formal agreement for the JV formation.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments