Brief: Shenyang Public Utility says unit enters into MOU
06/01/2016 22:18
Jan 6 (Reuters) - Shenyang Public Utility Holdings Co Ltd 0747.HK : * Joint venture party shall pay in approximately hk$50 million in cash to the joint venture co * Subsidiary of co and Hong Kong Multi-Ideas Chip Investment Holdings Limited entered into the Memorandum Of Understanding * Share capital of the joint venture company shall be approximately hk$100 million * Says joint venture party and the joint venture partner shall hold the joint venture company in equal shares * Jv party and jv partner intend to establish a domestic company in China to market reconfigurable security processor * Source text for Eikon ID:nHKSbXGb6v * ((For more news, please click here 0747.HK )) ((Bengaluru Newsroom; +91 806749 1130))
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