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1278 — China New Town Development News Story

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Brief: China New Town Development Says Unit, Nanjing Guoying Zhongxi Development And Other Parties Entered Capital Injection Deal

May 18 (Reuters) - China New Town Development:
    * UNIT, NANJING GUOYING ZHONGXI DEVELOPMENT AND OTHER
PARTIES
ENTERED CAPITAL INJECTION DEAL
    * REGISTERED CAPITAL OF JV WILL BE INCREASED FROM RMB220
MILLION
TO RMB325 MILLION
    * UNIT TO MAKE ADDITIONAL CAPITAL CONTRIBUTION OF RMB52.5
MILLION
TO JV

Source text for Eikon:  ID:nHKS3qvmgQ 
Further company coverage:  1278.HK 

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

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