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    8071 — China Netcom Technology Holdings News Story

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    Brief: China Netcom Technology Holdings Announces On Formation Of Joint Venture

    Picture of China Netcom Technology Holdings logoChina Netcom Technology Holdings
    21/03/2018 12:14
    March 21 (Reuters) - China Netcom Technology Holdings Ltd
 8071.HK :
    * ‍UNIT ENTERED INTO JV AGREEMENT WITH LIU JIPING FOR
FORMATION OF
JV COMPANY​
    * ‍JV COMPANY WILL BE OWNED BY HANGZHOU SAFEN AND LIU
JIPING​AS TO
55% AND 45%, RESPECTIVELY
    * ‍EACH OF HANGZHOU SAFEN AND LIU JIPING AGREED TO MAKE A
CAPITAL
CONTRIBUTION TO JV COMPANY IN AMOUNT OF RMB12 MILLION ​

Source text for Eikon:  ID:nHKS5zwykd 
Further company coverage:  8071.HK 

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

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