Brief: China Resources Beer Says Resolved To Venture Into Baijiu Business In PRC

China Resources Beer Holdings

26/08/2021 11:37

Aug 26 (Reuters) - China Resources Beer Holdings Co Ltd
 0291.HK :
    * RESOLVED TO VENTURE INTO BAIJIU BUSINESS IN PRC BY WAY OF
A
PROPOSED INVESTMENT
    * UNIT ENTERED DEAL WITH, AMONG OTHERS, SHANDONG JINGZHI
BAIJIU CO
AND SHANDONG JINGZHI LIQUOR CO FOR PROPOSED INVESTMENT
    * EXACT AMOUNT OF INVESTMENT IS TO BE FINALISED
    * DEAL FOR PROPOSED INVESTMENT INTO SHANDONG JINGZHI BAIJIU
CO
    * EXPECTED THAT SHANDONG JINGZHI BAIJIU WILL NOT BECOME A
UNIT OF
CO UPON COMPLETION OF INVESTMENT

Source text for Eikon:  ID: 
Further company coverage:  0291.HK 

 (Reporting by Aneetta Thomas)
 ((Aneetta.Thomas@thomsonreuters.com;))