October 5, 2016 / 12:27 PM / 10 months ago

BRIEF-Paradise Entertainment updates on loan, distribution agreements signed by units

Oct 5 (Reuters) - Paradise Entertainment Ltd

* Lt Game (an 82%-owned subsidiary of company) entered into distribution agreement with lt japan

* Lt Japan shall appoint unit as distributor and grant exclusive license to market and distribute gaming products to customers in macau

* Unit entered into loan agreement to grant loan of a principal amount of us$2 million to Lt Japan

* Distribution agreement also for a non-exclusive license worldwide (excluding macau) for a term of three years Source text for Eikon: Further company coverage:

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