Brief: Chengdu Expressway Says Transaction On Establishment Of Joint Venture
16/01/2023 12:17
Jan 16 (Reuters) - Chengdu Expressway 1785.HK :
* DISCLOSEABLE TRANSACTION IN RELATION TO ESTABLISHMENT OF
JOINT
VENTURE
* JOINT VENTURE FOR DEVELOPMENT OF BATTERY REPLACEMENT
BUSINESS
AND RELATED VALUE-ADDED BUSINESSES
* ENERGY DEVELOPMENT COMPANY ENTERED INTO CAPITAL
CONTRIBUTION
AGREEMENT WITH TIMES BATTERY SERVICES TO ESTABLISH JOINT VENTURE
* REGISTERED CAPITAL OF JOINT VENTURE SHALL BE RMB300
MILLION
* ENERGY DEVELOPMENT AND TIMES BATTERY SERVICES TO
CONTRIBUTE
RMB144 MILLION AND RMB156 MLNRESPECTIVELY IN JV
Further company coverage: 1785.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Chengdu Expressway
See all newsBrief: Chengdu Expressway Co Says Pan Xin Resigns As Executive Director
Brief: Chengdu Expressway Announces Subscription Of Limited Partner Interests In Fund
Brief: Chengdu Expressway Says Does Not Recommend Payment Of Interim Dividend
China's Chengdu Expressway H1 revenue falls on lower traffic
Brief: Chengdu Expressway Says Yang Tan Resigns As Chairman