Brief: China Ocean Industry Group Updates on Jiangxi Ruichang Project
10/07/2018 16:15
July 10 (Reuters) - China Ocean Industry Group Ltd
0651.HK :
* SINGAPORE LISTCO, CO AND JIANGXI SHIPBUILDING, AND WUXI
TIANSHI
EDUCATION GOODS CO LTD ENTER FRAMEWORK AGREEMENT
* FRAMEWORK AGREEMENT TO SET OUT PARTIES' INTENTION IN
RESPECT OF
COOPERATION UNDER COOPERATION FRAMEWORK AGREEMENT
* PARTIES TO ESTABLISH JV SHIPBUILDING CO IN RUICHANG CITY
WITH
REGISTERED CAPITAL OF RMB100 MILLION
* RMB40 MILLION OF JV CAPITAL TO BE CONTRIBUTED BY GROUP
Source text for Eikon: ID:nHKS6Hzh3c
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