Brief: Desun Real Estate Investment Services Group Announces Formation Of JV
Sept 11 (Reuters) - Desun Real Estate Investment
Services Group Co Ltd 2270.HK :
* FORMATION OF JOINT VENTURE
* CHENGDU FENGZHI AND QD WUFENG ENTERED INTO INVESTMENT
COOPERATION AGREEMENT FOR FORMATION OF JV
* PURSUANT TO INVESTMENT COOPERATION AGREEMENT, TOTAL
CONTRIBUTION
AMOUNT SHALL BE RMB100 MILLION
* 60% TOTAL CONTRIBUTION AMOUNT SHALL BE CONTRIBUTED BY
CHENGDU
FENGZHI AND REMAINING 40% BY QD WUFENG
* JV TO CARRY OUT LIVE STREAMING BUSINESS, AMONG OTHERS TO
AND
OPERATE LIVE STREAMING INDUSTRIAL PARK
Further company coverage: 2270.HK
((Reuters.Briefs@thomsonreuters.com;))
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