Brief: Genertec Universal Medical Says Unit & Xichang New Steel Entered Cooperation Agreement
25/01/2021 10:25
Jan 25 (Reuters) - Genertec Universal Medical Group Co Ltd
2666.HK :
* UNIT & XICHANG NEW STEEL ENTERED COOPERATION AGREEMENT FOR
FORMATION OF JV
* TOTAL INVESTMENT OF JV IS ABOUT RMB345.9 MILLION
* UNIT TO CONTRIBUTE ABOUT RMB176.4 MILLION WITH CASH TO JV
* POST TRANSACTION, UNIT WILL HOLD 51% STAKE IN JV
Source text for Eikon: ID:nHKS3qKDvM
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