Brief: China Merchants Land Says Unit Entered Cooperation & Development Agreement With China Minmetals Beijing
29/10/2020 24:55
Oct 29 (Reuters) - China Merchants Land Ltd 0978.HK :
* ON 28 OCT, UNIT ENTERED COOPERATION & DEVELOPMENT
AGREEMENT WITH
CHINA MINMETALS BEIJING
* AGREEMENT REGARDING FORMATION OF JV CO FOR ACQUIRING
INTEREST IN
& JOINT DEVELOPMENT OF LAND PARCEL
* TOTAL AMOUNT OF CAPITAL TO BE INJECTED INTO JV CO ABOUT
RMB4,547
MILLION
* SHAREHOLDING PROPORTION OF CHINA MINMETALS BEIJING &
MERCHANTS
SHENZHEN IN JV CO SHALL BE 51% & 49% RESP.
Source text for Eikon: urn:newsml:reuters.com:*:nHKS6DkGK5
Further company coverage: 0978.HK
((Reuters.Briefs@thomsonreuters.com;))
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