Brief: Genertec Universal Medical Group Says Entered Cooperation Agreement With China Railway State Asset Management

Genertec Universal Medical Co

28/03/2019 09:51

March 28 (Reuters) - Genertec Universal Medical Group Co Ltd
 2666.HK :
    * ENTERED INTO COOPERATION AGREEMENT WITH CHINA RAILWAY
STATE
ASSET MANAGEMENT IN CONNECTION WITH FORMATION OF A JV
    * TOTAL INVESTMENT OF JOINT VENTURE IS RMB460.24 MILLION
    * REGISTERED CAPITAL OF JV WILL BE RMB200 MILLION, WILL BE
HELD BY
WISEMAN AND CR STATE ASSET AS TO 51% AND 49%, RESPECTIVELY

Source text for Eikon:  ID:nHKSprWsG 
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 ((Reuters.Briefs@thomsonreuters.com;))