Brief: China Youran Dairy Group Announces Establishment Of Joint Venture
June 17 (Reuters) - China Youran Dairy Group Ltd 9858.HK :
* ANNOUNCES ESTABLISHMENT OF A JOINT VENTURE
* INNER MONGOLIA YOURAN DAIRY & INNER MONGOLIA RIXIN
INVESTMENT
(GROUP) SHALL ESTABLISH JV
* REGISTERED CAPITAL OF JV SHALL BE RMB1 BILLION
* JV TO INVEST IN NEW DAIRY FARMS IN UPSTREAM DAIRY INDUSTRY
CHAIN
IN CHINA
* INNER MONGOLIA YOURAN TO CONTRIBUTE RMB510 MILLION TO
REGISTERED
CAPITAL OF JV
Further company coverage: 9858.HK
((Reuters.Briefs@thomsonreuters.com;))
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