Brief: Xinjiang Tianye Water Saving Irrigation System Says Formation Of JV
06/08/2024 16:29
Aug 6 (Reuters) - Xinjiang Tianye Water Saving
Irrigation System Co Ltd 0840.HK :
* FORMATION OF JOINT VENTURE AND DISPOSAL OF TARGET EQUITY
* CO AND EIGHTH DIVISION SASAC TO JOINTLY FORM JOINT VENTURE
WITH
REGISTERED CAPITAL RMB800 MILLION
* CO WILL BE ABLE TO EXERCISE AGGREGATE OF 51% OF VOTING
RIGHTS OF
JV
* JV FOR PRODUCTION AND SUPPLY OF TAP WATER, OTHERS
Further company coverage: 0840.HK
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