Brief: Hybrid Kinetic Group says LYG Hybrid Kinetic entered into JV agreement
14/03/2017 12:51
March 14 (Reuters) - Hybrid Kinetic Group Ltd 1188.HK :
* Lyg Hybrid Kinetic, a wholly- owned subsidiary of company,
entered into JV agreement with Beijing WKW and Beijing Zhi Yun
* Pursuant to JV agreement, ningbo joint venture will be
owned as to 27 percent by beijing wkw, 9 percent by LYG Hybrid
kinetic and 64 percent by Beijing Zhi Yun
* JV agreement for establishment of ningbo joint venture
with registered capital of RMB2 billion
Source text for Eikon: urn:newsml:reuters.com:*:nHKSccz9wB
Further company coverage: 1188.HK
((Bangalore.newsroom@thomsonreuters.com;))
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