Brief: China Ocean Group Development Says Unit Entered Agreement With Penglide Seafood (Shenzhen)

China Ocean Development

04/03/2021 15:24

March 4 (Reuters) - China Ocean Group Development Ltd
 8047.HK :
    * UNIT ENTERED COOPERATION AGREEMENT WITH PENGLIDE SEAFOOD
(SHENZHEN) AND INDIVIDUAL
    * UNDER AGREEMENT PARTIES TO OPERATE PROJECT CO WHICH TRADES
IN
FROZEN SEAFOOD, FRUITS ETC.
    * UNIT INTENDS TO INVEST INTO PROJECT COMPANY WITH
SHAREHOLDING
RATIO OF 35%
    * CONSIDERATION PAYABLE BY UNIT TO INDIVIDUAL EQUIVALENT TO
RMB30
MILLION

Source text for Eikon:  ID:nHKSc8zqRT 
Further company coverage:  8047.HK 

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