Brief: Lifestyle Properties Development says Fuzhou Shangsheng and JV partner enter JV agreement

Sansheng Holdings Co

07/07/2017 15:58

July 7 (Reuters) - Lifestyle Properties Development Ltd 
 2183.HK  
    * Fuzhou Shangsheng and JV partner entered into JV agreement 
    * Pursuant to deal, parties agreed to set up JV Co, 
principally engaged in investment of property development 
projects 
    * Registered capital of JV Co is to be RMB2 billion; 
contributed as to 55% by Fuzhou Shangsheng & as to 45% by JV 
partner 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS5SsmK2 
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