Brief: China City Railway Transportation Technology Holdings updates on JV agreement
05/11/2015 04:07
Nov 5 (Reuters) - China City Railway Transportation Technology Holdings Co Ltd 1522.HK : * Discloseable transaction relating to the formation of a joint venture company * Says company and Beijing Mtr Operation entered into the JV agreement * Says total registered capital of the jv will be RMB500 million * Says contribution shall be paid in cash * Pursuant to deal parties to jointly establish jv with objective of constructing, operating subway lines * Parties intend to acquire operating income rights, and attempt to obtain operating income rights of new lines of Beijing subway * Source text for Eikon ID:nHKS4QJmXZ ((For more news, please click here 1522.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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