Brief: China Overseas Grand Oceans Group Announces Formation Of JV In Zhuzhou City

China State Construction International Holdings

19/11/2020 13:57

Nov 19 (Reuters) - China Overseas Grand Oceans Group Ltd
 0081.HK :
    * FORMATION OF JV IN ZHUZHOU CITY, HUNAN PROVINCE, PRC
    * JV FOR, AMONG OTHERS, INVESTING INTO & DEVELOPING ZHUZHOU
PROJECT
    * AGREED REGISTERED CAPITAL OF ZHUZHOU JV 1 & ZHUZHOU JV 2
TO BE
INCREASED TO RMB500 MILLION & RMB14.29 MILLION, RESPECTIVELY
    * REGISTERED CAPITAL OF ZHUZHOU JVS WILL BE OWNED AS TO 70%
AND
30% BY COGOP AND CSC HUNAN

Source text for Eikon:  ID:nHKS30mY65 
Further company coverage:  0081.HK 

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