Brief: China Vanguard Group updates on joint venture agreement

Sinopharm Tech Holdings

28/02/2017 12:11

Feb 28 (Reuters) - China Vanguard Group Ltd  8156.HK : 
    * A definitive joint venture agreement for establishment of 
jv company was signed 
    * Parties shall totally invest RMB 10 million as registered 
capital based on their respective equity interest in jv company 
    * Group, Sinopharm Ecommerce, Iqark & United Enterprises jv 
co will hold 51%, 5%, 30%, & 14% of equity interest in jv co 
respectively 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS2fLWt5 
Further company coverage:  8156.HK  
 
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