Brief: Best Pacific International says unit establishes RMB2 bln JV with independent third parties

Best Pacific International Holdings

22/12/2016 10:47

Dec 22 (Reuters) - Best Pacific International Holdings Ltd 
 2111.HK  
    * Unit Dongguan BPT and JV partners  entered into JV 
agreement 
    * Registered capital of joint venture shall be RMB2 billion 
    * Dongguan BPT to make a capital contribution of RMB140.5 
million in return for approximately 7.022% equity interest in JV 
    * Agreement in relation to formation of JV to engage in 
insurance business and related financial activities in PRC 
 
Source text for Eikon:  ID:nHKS9tblDD  
Further company coverage:  2111.HK  
 
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