Brief: Shimao Services Announces Formation Of Joint Venture Company
23/10/2026 11:20
BRIEF-Shimao Services Announces Formation Of Joint Venture Company Oct 23 (Reuters) - Shimao Services Holdings Ltd 0873.HK:
FORMATION OF JOINT VENTURE COMPANY
REDUCES REGISTERED CAPITAL OF JOINT VENTURE COMPANY FROM RMB400 MILLION TO RMB200 MILLION ON OCT 23, 2026
GROUP CASH AND CASH EQUIVALENTS EXPECTED TO INCREASE BY RMB98 MILLION AFTER CAPITAL REDUCTION
Further company coverage: 0873.HK
((Reuters.Briefs@thomsonreuters.com;))
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