Brief: Shandong Weigao Group Medical Polymer updates on establishment of JV

Shandong Weigao Medical Polymer

07/01/2016 11:16

Jan 7 (Reuters) - Shandong Weigao Group Medical Polymer Co Ltd  1066.HK : 
 * Announcement connected transaction setting up a joint venture company with weigao holding  1066.HK  
 * Says company entered into the joint venture agreement 
 * Says company and weigao holding agreed to establish the joint venture company in China 
 * Jv to engage in providing financial services in the prc, include deposit services, loan services 
 * Says registered capital of the joint venture company shall be RMB500 million 
 * Registered capital of jv will be funded by their own resources 
 * Profits derived from jv co shall be distributed among shareholders 
 * Source text for Eikon  ID:nHKS640Hfz  
 
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