Brief: C&D International Investment Announces Formation Of Joint Venture

C&D International Investment

23/06/2023 16:22

June 23 (Reuters) - C&D International Investment Group
Ltd  1908.HK :
    * FORMATION OF JOINT VENTURE IN RELATION TO LAND IN PUTIAN
    * INITIAL REGISTERED CAPITAL OF JOINT VENTURE SHALL BE
RMB400
MILLION
    * PUTIAN ZHAOXI AND PUTIAN LIANXINTAI SHALL OWN 55% AND 45%
EQUITY
INTERESTS IN JOINT VENTURE
    * UNIT AND LAND PUTIAN LIANXINTAI REAL ESTATE FORM JOINT
VENTURE
    * EACH OF PUTIAN ZHAOXI AND PUTIAN LIANXINTAI IS ENTITLED TO
APPOINT ONE SUPERVISOR
    * JV FOR ACQUISITION OF LAND USE RIGHTS OF A PIECE OF LAND
LOCATED
IN REGULATORY PLANNING RANGE OF PUTIAN CITY

Further company coverage:  1908.HK 

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