Brief: CSSC Hong Kong Shipping Announces JV Agreement

CSSC (Hong Kong) Shipping Co

09/09/2019 09:59

Sept 9 (Reuters) - CSSC Hong Kong Shipping Co Ltd  3877.HK :
    * CSSC SHANGHAI, CSSC RESEARCH INSTITUTE, CITIC
INTERNATIONAL AND
SHENZHEN BAIZE ENTER INTO JV AGREEMENT
    * REGISTERED CAPITAL OF JV COMPANY SHALL BE RMB100 MILLION
    * CSSC SHANGHAI TO CONTRIBUTE RMB18 MILLION IN CASH TOWARDS
REGISTERED CAPITAL OF JVCO AND WILL HOLD 18% OF EQUITY INTEREST
IN JVCO

Source text for Eikon:  ID:nHKS9gVGDt 
Further company coverage:  3877.HK 

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