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    Brief: China State Construction Development Holdings Announces Formation Of JV Co

    Picture of China State Construction Development Holdings logoChina State Construction Development Holdings
    19/11/2020 13:08
    Nov 19 (Reuters) - China State Construction Development
Holdings Ltd  0830.HK :
    * FORMATION OF JV COMPANY
    * JV CO FOR DEVELOPMENT AND INVESTMENT IN NEW FACADE
MATERIALS
    * REGISTERED CAPITAL OF JV CO SHALL BE RMB50 MILLION
    * CHINA SOUTHWEST ARCHITECTURAL DESIGN AND RESEARCH
INSTITUTE TO
CONTRIBUTE RMB35 MILLION TO REGISTERED CAPITAL OF JV
    * NETFORTUNE SHANGHAI TO CONTRIBUTE RMB7.5 MILLION TO
REGISTERED
CAPITAL OF JV

Source text https://bit.ly/38Xzm5W
Further company coverage:  0830.HK 

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

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