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    873 — Shimao Services Holdings News Story

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    Brief: Shimao Services Announces Formation Of Joint Venture Company

    Picture of Shimao Services Holdings logoShimao Services Holdings
    31/10/2024 09:59
    Oct 31 (Reuters) - Shimao Services Holdings Ltd
 0873.HK :
    * FORMATION OF JOINT VENTURE COMPANY
    * REGISTERED CAPITAL OF JOINT VENTURE COMPANY WILL BE RMB400
MILLION
    * CHENGDU SHIMAO TIANCHENG WILL CONTRIBUTE RMB196 MILLION
    * JV TO BE OWNED AS TO 49% BY CHENGDU SHIMAO TIANCHENG AND
AS TO
51% BY JV PARTNER
    * JV FOR CONSTRUCTION, OTHERS  OF ELECTRIC VEHICLES CHARGING
STATIONS AND RELATED BUSINESSES FOR EVS IN PRC

Further company coverage:  0873.HK 

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

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