Brief: AMCO United to form JV with Linyi Trade City Administrative Commission
22/07/2016 12:55
July 22 (Reuters) - AMCO United Holding Ltd 0630.HK : * Business update: cooperation framework agreement in respect of possible formation of joint venture * Says company entered into cooperation framework agreement * Agreement for formation of jv co to develop business of logistics software systems and explore investment opportunities * It is expected that the company will contribute RMB100 million as initial investment in the jv company * Linyi Trade City Administrative Commission is partner in the proposed jv company * Source text for Eikon ID:nHKS6qypFz ((For more news, please click here 0630.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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