Brief: Shuanghua Holdings Announces Formation Of A JV CO

Shuanghua Holdings

06/11/2020 10:52

Nov 6 (Reuters) - Shuanghua Holdings Ltd  1241.HK :
    * ANNOUNCES FORMATION OF A JOINT VENTURE COMPANY
    * UNIT AND SHANGHAI LIDAHANG ENTERED INTO JOINT VENTURE
AGREEMENT
    * REGISTERED CAPITAL OF JV COMPANY RMB15.0 MILLION
    * SHANGHAI EAGLE INVESTMENT AND SHANGHAI LIDAHANG WILL OWN
70% AND
30% OF EQUITY INTERESTS OF JV CO
    * JV COMPANY WILL BE PRINCIPALLY ENGAGED IN BUSINESS OF
SUPPLY
CHAIN SERVICES IN SHANGHAI
    * UNIT TO CONTRIBUTE TO REGISTERED CAPITAL OF JV COMPANY AT
RMB10.5 MILLION

Source text for Eikon:  ID:nHKSb1PLQr 
Further company coverage:  1241.HK 

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