Brief: Dingyi Group Investment enters to form JV with D&R

Dingyi Investment

17/06/2016 10:53

June 17 (Reuters) - Dingyi Group Investment Ltd  0508.HK : 
 * Entered into a non-legally binding letter of intent with D&R 
 * Total commitment of capital contribution to be made to the joint venture 
   company is currently estimated to be RMB200 million 
 * Pursuant to the letter of intent, the joint venture company will be owned as 
   to 49% by the company and 51% by D&R. 
 * Joint venture co has plans to launch a bond fund of around RMB10 billion and 
   equity funds of RMB3 billion to RMB5 billion 
 
* Source text for Eikon  ID:nHKS81pX3t  
 
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