Brief: China VAST Industrial Urban Development Co updates on JV agreement

CIG ShangHai Co

22/09/2016 15:34

Sept 22 (Reuters) - China VAST Industrial Urban Development 
Co: 
    * Langfang vast, entered into investment agreement with 
shunfeng airport investment 
    * Investment agreement with shunfeng airport investment 
relating to formation of joint venture 
    * Joint venture will be engaged in design, development and 
construction of freight logistics center 
    * Profit east, celestial ocean, wang jianjun and ms. Zhao 
ying entered into spa 
    * Profit east agrees to sell and celestial ocean agrees to 
buy sale shares at consideration of hk$2.88 per share 
    * Registered capital of joint venture is expected to be 
rmb100 million 
 
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