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162 — Century Ginwa Retail Holdings News Story

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Brief: Century Ginwa Retail Announces Formation Of Joint Venture

Dec 28 (Reuters) - Century Ginwa Retail Holdings Ltd
 0162.HK :
    * FORMATION OF JOINT VENTURE
    * JV WILL BE HELD AS TO 40% BY QUJIANG CENTURY GINWA GROUP,
30% BY
WENFEI COMMERCIAL AND 30% BY ZHUOQUN TAIHE
    * JOINT VENTURE WILL HAVE A REGISTERED CAPITAL OF RMB20
MILLION
    * UNIT ENTERED INTO JV ARTICLES WITH WENFEI COMMERCIAL
OPERATION
MANAGEMENT & XI'AN ZHUOQUN TAIHE TRADE COMPANY
    * JOINT VENTURE WILL BE PRINCIPALLY ENGAGED IN OPERATION AND
MANAGEMENT OF GAOXIN SHOPPING MALL

Further company coverage:  0162.HK 

 ((Reuters.Briefs@thomsonreuters.com;))

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