Brief: Avichina Industry & Technology Enters Deal For Formation Of A Fund
July 25 (Reuters) - AviChina Industry & Technology Co Ltd
2357.HK :
* ENTERED AGREEMENT WITH AVIC, AVIC CAPITAL, AVIC RONGFU,
GUANGDE
INVESTMENT FUND AND ZHENJIANG INVESTMENT
* AGREEMENT FOR FORMATION OF FUND WITH AN INITIAL TOTAL
CAPITAL
COMMITMENT OF RMB4 BILLION
* CO AND AVIC RONGFU TO MAKE A CAPITAL CONTRIBUTION OF
RMB600
MILLION AND RMB50 MILLION IN CASH
Source text for Eikon: ID:
Further company coverage: 2357.HK
((Reuters.Briefs@thomsonreuters.com;))
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