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    520 — Xiabuxiabu Catering Management (China) Holdings News Story

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    Brief: Xiabuxiabu Catering Management China Says Unit, Qingdao Richen Food To Form JV Co

    Picture of Xiabuxiabu Catering Management (China) Holdings logoXiabuxiabu Catering Management (China) Holdings
    10/05/2021 02:30
    May 10 (Reuters) - Xiabuxiabu Catering Management (China)
Holdings Co Ltd  0520.HK :
    * UNIT ENTERED COOPERATION AGREEMENT WITH QINGDAO RICHEN
FOOD
    * AGREEMENT TO ESTABLISH JV CO IN TIANJIN CITY
    * JV CO WILL BE OWNED 50% BY XIABU CHINA AND 50% BY QINGDAO
RICHEN
    * FIRST INSTALMENT OF REGISTERED CAPITAL OF JV COMPANY SHALL
BE
RMB98 MILLION

Source text for Eikon:  ID:nHKS49DSK7 
Further company coverage:  0520.HK 

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

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