Brief: Qilu Expressway Co Announces Establishment Of A JV Company

Qilu Expressway Co

10/05/2022 16:01

May 10 (Reuters) - Qilu Expressway Co Ltd  1576.HK :
    * ANNOUNCES ESTABLISHMENT OF A JV COMPANY
    * UNIT AND PINGYIN LAND IMPROVEMENT INVESTMENT AGREED TO
ESTABLISH
QILU EXPRESSWAY (SHANDONG) ASSEMBLY
    * JV CO TO INVEST IN CONSTRUCTION OF PINGYIN SMART
TRANSPORTATION
INDUSTRIAL BASE PROJECT
    * REGISTERED CAPITAL OF JV COMPANY IS RMB500 MILLION
    * QILU EXPRESSWAY (HONG KONG) WILL CONTRIBUTE RMB300 MILLION
TO JV
CO

Source text for Eikon:  ID:nHKS2k1dzp 
Further company coverage:  1576.HK 

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