Brief: China Risun Group Says Risun Chemicals And Lingyuan Iron & Steel To Jointly Form JV

China Risun

09/12/2019 14:32

Dec 9 (Reuters) - China Risun Group Ltd  1907.HK :
    * RISUN CHEMICALS AND LINGYUAN IRON & STEEL TO JOINTLY FORM
JV
LINGYUAN RISUN IRON & STEEL ENERGY CO
    * RISUN CHEMICALS & LINGYUAN IRON & STEEL TO SUBSCRIBE FOR
RMB1,166.9 MILLION AND RMB500.1 MILLION IN REGISTERED CAPITAL OF
JV, RESPECTIVELY
    * BOTH PARTIES TO FORM JV BY WAY OF CAPITAL CONTRIBUTION TO
INVEST
IN CONSTRUCTION OF ANCILLARY COKING PROJECT
    * ANCILLARY COKING PROJECT PROJECT WILL HAVE A TOTAL
INVESTMENT OF
RMB5 BILLION

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS4vPfdF
Further company coverage:  1907.HK 

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