Brief: Yau Lee Holdings updates on JV agreement with Fengxiang Group for formation of JV co
28/09/2017 10:48
Sept 28 (Reuters) - Yau Lee Holdings Ltd 0406.HK
* on 26 Sept, Yau Lee Wah Technology, a wholly-owned
subsidiary of company, entered into a JV agreement with
Fengxiang Group for formation of jv co
* Registered capital of JV company is expected to be rmb100
million
* Pursuant to jv agreement, JV co shall be owned as to 40pct
by yau lee wah technology and 60pct by Fengxiang Group
Source text for Eikon: ID:nHKS2flPZs
Further company coverage: 0406.HK
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