Brief: Sheen Tai Holdings Says Unit To Provide A Loan Amount Of Rmb40 Million

Sheen Tai Holdings

11/12/2019 01:10

Dec 11 (Reuters) - Sheen Tai Holdings Group Company Ltd
 1335.HK :
    * UNIT TO PROVIDE TO SUINING CHUYUE ZHIYE COMPANY A LOAN
AMOUNT OF
RMB40 MILLION FOR A TERM OF SIX MONTHS
    * UNIT ENTERS JV AGREEMENT WITH JV PARTNER TO FORM JV CO TO
JOINTLY CARRY OUT PROPERTY DEVELOPMENT PROJECT IN XUZHOU
PROVINCE
    * UNIT & JV PARTNER AGREED TO MAKE CAPITAL CONTRIBUTION TO
JV CO
OF RMB 5 MILLION
    * UNIT TO OWN 50.01% OF JV CO

Source text for Eikon:  ID:nHKS7Pgs5d 
Further company coverage:  1335.HK 

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