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BRIEF-Nio says signed agreement with Gaming Innovation Group
August 19, 2014 / 6:26 AM / 3 years ago

BRIEF-Nio says signed agreement with Gaming Innovation Group

Aug 19 (Reuters) - Nio Inc : * Says agreement with Gaming Innovation Group Ltd. * Says entered into a Memorandum of Understanding with Gaming Innovation Group Ltd., to set up a new internet gaming entity on Malta * Gaming Ltd. will be owned 73 % by Nio, 24.5% by GIG and 2.5% by its CEO * Says necessary funding for new entity is expected to be less than EUR 1

million and will be handled without any external funding * Source text for Eikon * Further company coverage

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