March 21 (Reuters) - Stealth Global Holdings Ltd SGI.AX :
* AND BISLEY WORKWEAR ESTABLISH JV IN UK AND SIGN FOUNDATION CUSTOMER AGREEMENTS
* JV TO LAUNCH BISLEY WORKWEAR PRODUCT RANGE IN UK, WEST AFRICA AND EUROPEAN MARKETS
* STEALTH'S CONTRIBUTION TO JV LIKELY TO REDUCE STEALTH'S PROSPECTUS REVENUE FORECAST FOR FY 2019 BY ABOUT $2.8 MILLION
* EXPECTS POSITIVE RETURN ON INVESTMENT IN FORM OF ADDITIONAL REVENUE GROWTH IN FY2020 AND BEYOND
* JV CO BSA BRANDS (UK) LTD TO INVEST AROUND $1.5 MILLION OVER NEXT TWO YEARS