Brief: Shandong Huaying Enters Partnership Agreement With Qilu Expressway Investment

Qilu Expressway Co

04/08/2022 13:39

Aug 4 (Reuters) - Qilu Expressway Co Ltd  1576.HK :
    * SHANDONG HUAYING ENTERED PARTNERSHIP AGREEMENT WITH QILU
EXPRESSWAY INVESTMENT
    * PARTNERSHIP SHALL BE ESTABLISHED WITH A FUND SCALE OF
RMB285.01
MILLION
    * FUND FROM PARTNERSHIP SHALL BE INVESTED IN PPP PROJECT
    * SHANDONG HUAYING AND QILU EXPRESSWAY INVESTMENT TO COMMIT
CONTRIBUTING RMB10,000 AND RMB285 MILLION TO ITS CAPITAL FUND,
RESPECTIVELY
    * PARTNERSHIP TO CONDUCT EXTERNAL INVESTMENTS WITH
SELF-OWNED
FUNDS, BE RESPONSIBLE FOR INVESTMENT MANAGEMENT

Further company coverage:  1576.HK 

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