Brief: Best Pacific International says unit obtained approval for expansion project

Best Pacific International Holdings

09/05/2016 05:21

May 9 (Reuters) - Best Pacific International Holdings Ltd  2111.HK : 
 * unit recently obtained approval from Dongguan environmental protection bureau for expansion project  
 * Voluntary announcement approval of expansion project and construction of   sewage treatment plant  
 * expected investment amount for expansion project will be in range of about RMB80 million to RMB120 million 
 * group intends to use its internal resources and/or external loans to fund expansion project 
 * expansion project is not expected to have any material impact on the net EPS of company for FY ending 31 December 2016 
  
 
* Source text for Eikon  ID:nHKS1NYzJ4  
 
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