Swiss Military Consumer Goods Ltd enters into collaboration agreement with Core International Co., Ltd.

Swiss Military Consumer Goods Ltd has entered into an exclusive Business Collaboration agreement with Core International Co., Ltd. of South Korea, for establishing selling network in the territory of Japan, Indonesia and Thailand, for luggage and travel gear products to be manufactured in proposed manufacturing facility of the Company and also to be imported or procured by Company from third parties.

Core International Co. Ltd., is associated with the brand "Swiss Military" for the past 15 years and having vast experience and proven track record for luggage & travel gear industry in South Korea, China, Japan and Southeast Asian countries etc.

Core International Co. Ltd., shall provide necessary support to Company in identifying, manufacturing, importing, sourcing the potential products for international markets.

Shares of Swiss Military Consumer Goods Ltd was last trading in BSE at Rs. 26.64 as compared to the previous close of Rs. 27.63. The total number of shares traded during the day was 313199 in over 1670 trades.

The stock hit an intraday high of Rs. 27.70 and intraday low of 26.50. The net turnover during the day was Rs. 8413462.00.

Source : Equity Bulls

Keywords

SwissMilitaryConsumerGoods CollaborationAgreement CoreInternational SouthKorea