Brief: Li Ning Announces Formation Of Joint Venture Company
Oct 22 (Reuters) - Li Ning Co Ltd 2331.HK :
* TOTAL SHARE CAPITAL OF JV COMPANY SHALL BE HK$200 MILLION
* LN CO ENTERED INTO SUBSCRIPTION AND SHAREHOLDERS'
AGREEMENT WITH
FOUNDER CO, HONGSHAN VENTURE, AMONG OTHERS
* AGREEMENT IN RELATION TO FORMATION OF JV CO IN BRITISH
VIRGIN
ISLANDS & SUBSCRIPTION OF JV SHARES BY EACH OF JV PARTIES
Further company coverage: 2331.HK
Recent news on Li Ning
See all newsMedia: Castore courts Chinese buyers Anta and Li-Ning as sportswear brand’s backers seek exit - FT
Brief: Blackrock's Long Position In Li Ning Increases To 6.35% On Sept 14, HKEX Filing Shows
Brief: Viva Goods Acquires 38.8 Million Shares Of Li Ning
China's Li Ning H1 revenue, profit rise amid demand strength
Brief: Li Ning Posts H1 Net Income Attributable RMB 1,816 Million