RC365 Holding PLC (LSE:RCGH) subsidiary Regal Crown Technology has received conditional approval from The Trade and Industry Department of the Hong Kong SAR Government for a grant of up to approximately £100,000.
The Branding, Upgrading and Domestic Sales (BUD) fund is designed to support Hong Kong-incorporated enterprises and enhance their competitiveness in markets that are part of Free Trade Agreements.
The funds will be utilised in Malaysia said RC365, as it continues to expand operations within the region.