Brief: MECOM Power And Construction Says Mecom Hung Yip Entered Into JV Term Sheet With Ubitricity
14/09/2020 15:43
Sept 14 (Reuters) - MECOM Power and Construction Ltd
1183.HK :
* ON 8 SEPT MECOM HUNG YIP ENTERED INTO JV TERM SHEET WITH
UBITRICITY
* JV TERM SHEET FOR PROPOSED JOINT VENTURE ARRANGEMENT FOR
UNDERTAKING EV CHARGING PROJECTS IN GREATER BAY AREA
* CAPITAL CONTRIBUTION & PROFIT SHARING PERCENTAGE OF MECOM
HUNG
YIP & UBITRICITY ARE 70% AND 30%, RESPECTIVELY
Source text for Eikon: urn:newsml:reuters.com:*:nHKS3tFrH2
Further company coverage: 1183.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on MECOM Power and Construction
See all newsBrief: MECOM Power And Construction, Others Enter Facility Agreement With Tai Fung Bank
Brief: Mecom Power And Construction Says Co And Parties Enter Facility Agreement With Tai Fung Bank
Brief: Mecom Power And Construction Says Unit Enters FX Hedging Contracts With Bank For Hk$100 Million
Brief: MECOM Power And Construction, Others, Entered Facility Agreement
Brief: Mecom Power And Construction Terminates JV With GSS Energy