Brief: China Modern Dairy Holdings Says Citic Environment Entered Into LOI With Unit, Modern Farming Group
28/09/2018 14:26
Sept 28 (Reuters) - China Modern Dairy Holdings Ltd
1117.HK :
* CITIC ENVIRONMENT ENTERED INTO LOI WITH UNIT MODERN
FARMING
GROUP FOR PROPOSED CREATION OF JV
* MODERN FARMING WILL HOLD JV AS TO 30% THROUGH A SPV CO,
AND
CITIC ENVIRONMENT OR ITS DESIGNATED ENTITY WILL HOLD 70%
* INTENDS TO DISPOSE ENERGY ASSETS FROM CERTAIN OF ITS
SUBSIDIARIES TO PROPOSED JOINT VENTURE
Source text for Eikon: urn:newsml:reuters.com:*:nHKSt2WJg
Further company coverage: 1117.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on China Modern Dairy Holdings
See all newsChina Modern Dairy's H1 revenue rises on higher milk volume, yield per cow
China Modern Dairy hits 10-week high on expecting a profit
Brief: China Modern Dairy Expects H1 2026 PBT Of At Least RMB43 Million
Brief: China Modern Dairy Receives SAMR Antitrust Clearance For China Shengmu Organic Milk Deal
Brief: China Modern Dairy Says Antitrust Filings Submitted To SAMR Engagement Ongoing