Brief: IDG Energy Investment Says Entered JV Agreement To Form Shanghai Jusda Energy Co
25/09/2018 11:57
Sept 25 (Reuters) - IDG Energy Investment Ltd 0650.HK :
* CO ENTERS JV AGREEMENT WITH JUSDA SUPPLY CHAIN MANAGEMENT
INTERNATIONAL CO AND MANAGEMENT TEAM TO FORM SHANGHAI JUSDA
ENERGY CO
* REGISTERED CAPITAL OF JV WILL BE RMB200 MILLION
* CO AND MANAGEMENT TO CONTRIBUTE RMB78 MILLION AND RMB20
MILLION
RESPECTIVELY TOWARDS JV
* TOTAL INVESTMENT IN JV WILL BE UP TO RMB500 MILLION
Source text for Eikon: urn:newsml:reuters.com:*:nHKS69Pczn
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