Brief: Henan Jinma Energy Says Shaanxi Jinma Entered JV Agreement

Henan Jinma Energy

20/05/2020 16:07

May 20 (Reuters) - Henan Jinma Energy Co Ltd  6885.HK :
    * HENAN JINMA ENERGY-SHAANXI JINMA , YAN'AN ENERGY, LIYUAN
LOGISTICS & YAN'AN NENGTONG ENTERED JV AGREEMENT
    * HENAN JINMA ENERGY - SHAANXI JINMA TO CONTRIBUTE RMB204
MILLION
TO JV CO, REPRESENTING 51% OF TOTAL CAPITAL CONTRIBUTIONS
    * HENAN JINMA ENERGY- CHAIRMAN OF JV CO SHALL BE DIRECTOR
NOMINATED BY SHAANXI JINMA
    * HENAN JINMA ENERGY- VICE CHAIRMAN OF JV CO SHALL BE
DIRECTOR
NOMINATED BY YAN'AN ENERGY
    * HENAN JINMA ENERGY-JV CO WILL ACQUIRE FROM LIYUAN
LOGISTICS A
MAJORITY STAKE OF UNIT THAT OPERATES LARGE-SCALE INTEGRATED
LOGISTICS PARK

Further company coverage:  6885.HK 

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