Brief: Tianneng Power International Says Unit And Tianchang Holding Entered Into JV Arrangement

Tianneng Power International

31/12/2019 11:34

Dec 31 (Reuters) - Tianneng Power International Ltd
 0819.HK :
    * UNIT AND TIANCHANG HOLDING ENTERED INTO A JV ARRANGEMENT
PURSUANT TO WHICH PARTIES AGREED TO ESTABLISH JV COMPANY
    * TIANNENG HOLDING AND TIANCHANG HOLDING EXPECT TO INVEST A
TOTAL
OF RMB50 MILLION INTO JV COMPANY
    * UNIT & TIANCHANG HOLDING TO CONTRIBUTE RMB30 MILLION &
RMB20
MILLION, REPRESENTING 60% AND 40% OF REGISTERED CAPITAL OF JV CO

Source text for Eikon:  ID:nHKS15Dwyt 
Further company coverage:  0819.HK 

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