Brief: Huisheng International Says Unit And Hunan Fengrun Agricultural Development Entered Into JV Agreement
30/11/2022 13:02
Nov 30 (Reuters) - Huisheng International Holdings Ltd
1340.HK :
* UNIT AND HUNAN FENGRUN AGRICULTURAL DEVELOPMENT ENTERED
INTO JV
AGREEMENT TO ESTABLISH CHANGDE XIHU HUISHENG MEAT PRODUCTS
* HUNAN HUISHENG MEAT PRODUCTS WILL OBTAIN 60% STAKE OF
CHANGDE
XIHU HUISHENG MEAT PRODUCTS
* REGISTERED CAPITAL OF JOINT VENTURE WILL BE RMB10 MILLION
* CO TO ISSUE AND ALLOT FOR 42 MILLION NEW SHARES FOR
SUBSCRIPTION
PRICE OF HK$0.053 PER SHARE
* JOINT VENTURE WILL PRINCIPALLY BE ENGAGED IN BUSINESS OF
HOG
SLAUGHTERING & OTHER RELATED HOG BUSINESS IN PRC
Source text for Eikon: ID:nHKSZPQJt
Further company coverage: 1340.HK
((Reuters.Briefs@thomsonreuters.com;))
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