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8502 Ocean Line Port Development News Story

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Brief: Ocean Line Port Development Says Formation Of Joint Venture Company

Dec 29 (Reuters) - Ocean Line Port Development Ltd
 8502.HK :
    * FORMATION OF JOINT VENTURE COMPANY
    * JV COMPANY WITH A REGISTERED CAPITAL OF RMB100 MILLION
    * UPON ITS ESTABLISHMENT, JV CO WILL BE OWNED AS TO 60% BY
CHIZHOU
PORT HOLDING
    * UNIT ENTERED INTO  JV AGREEMENT WITH CHIZHOU ASSETS
OPERATION
GROUP CO, AMONG OTHERS


Further company coverage:  8502.HK 

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

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