Brief: IVD Medical Holding Announces Formation Of Partnership

Ethk Labs

03/08/2020 13:49

Aug 3 (Reuters) - IVD Medical Holding Ltd  1931.HK :
    * VASTEC SHANGHAI ENTERED PARTNERSHIP AGREEMENT WITH HUATUO,
SHANDONG GUOHUI AND ZHONGMIN HUIYUAN
    * PARTNERSHIP SHALL HAVE A TOTAL CAPITAL COMMITMENT OF
RMB300.1
MILLION
    * UPON ESTABLISHMENT, PARTNERSHIP WILL BE OWNED AS ABOUT
19.99% BY
VASTEC SHANGHAI, 29.99% BY HUATUO, 49.99% BY SHANDONG GUOHUI

Source text https://bit.ly/3k8tgmj
Further company coverage:  1931.HK 

 ((Reuters.Briefs@thomsonreuters.com;))