Brief: Shanghai Industrial Says Unit, Eternal Way & Shanghai Overseas Form JV Co

Shanghai Industrial Holdings

16/12/2019 10:09

Dec 16 (Reuters) - Shanghai Industrial Holdings Ltd
 0363.HK :
    * UNIT, ETERNAL WAY AND SHANGHAI OVERSEAS  TO JOINTLY
ESTABLISH JV
COMPANY IN HONG KONG FOR INVESTING IN TAIZHOU WATER
    * UNDER DEAL, TOTAL CAPITAL COMMITMENT OF JV CO FROM PARTIES
SHALL
BE HK$100 MILLION
    * JV CO ENTERED AGREEMENT WITH TAIZHOU WATER AND INNOVAX
SECURITIES LTD TO PURCHASE TW H-SHARES FOR  HK$52.8 MLN

Source text for Eikon:  ID:nHKS8hrddJ 
Further company coverage:  0363.HK 

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