Brief: Feiyang International Holdings Group Says Unit & Ningbo New Century Tourism To Set Up JV

Feiyang International Holdings

22/03/2021 15:28

March 22 (Reuters) - Feiyang International Holdings Group
Ltd  1901.HK :
    * UNIT & NINGBO NEW CENTURY TOURISM ENTERED COOPERATION
AGREEMENT
TO SET UP JV CO
    * INITIAL REGISTERED CAPITAL OF JV CO WILL BE RMB10 MILLION
    * JV CO WILL BE OWNED AS TO 70% BY NINGLV FEIYANG AND 30% BY
NINGBO NEW CENTURY TOURISM
    * JV CO TO DEVELOP & OPERATE CULTURAL TOURISM PROJECTS
LOCATED IN
BEILUN DISTRICT

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