Brief: Quanzhou Huixin Micro-Credit Co Proposes Formation Of JV

Quanzhou Huixin Micro-credit

31/01/2019 11:05

Jan 31 (Reuters) - Quanzhou Huixin Micro-credit Co Ltd
 1577.HK :
    * ANNOUNCES PROPOSED FORMATION OF A JOINT VENTURE COMPANY
    * UNIT AND BAIYING FINANCE HOLDINGS INTEND TO INVEST A TOTAL
OF
RMB50.0 MILLION IN JV
    * UNIT TO CONTRIBUTE 60 PERCENT OF PROPOSED REGISTERED
CAPITAL OF
JV, WHILE BAIYING FINANCE TO CONTRIBUTE 40 PERCENT

Source text for Eikon:  ID:nHKSbQWlRW 
Further company coverage:  1577.HK 

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