Brief: China Water Industry Says Yingtan Property & JV Partners To Establish JV Co

China Water Industry

23/12/2019 10:28

Dec 23 (Reuters) - China Water Industry Group Ltd  1129.HK :
    * YINGTAN PROPERTY & JV PARTNERS AGREED TO ESTABLISH JV CO
FOR
COOPERATION OF CARRYING OUT PROPERTY DEVELOPMENT PROJECT
    * TOTAL INVESTMENT AMOUNT RMB309 MILLION
    * JV COMPANY WILL BE OWNED AS TO 40% BY YINGTAN PROPERTY AND
IN
AGGREGATE AS TO 60% BY JV PARTNERS
    * TOTAL INVESTMENT AMOUNT TO BE CONTRIBUTED BY YINGTAN
PROPERTY &
JV PARTNERS AS PER RESPECTIVESTAKE IN JV CO

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS29wRHJ
Further company coverage:  1129.HK 

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