Brief: Yunnan Baiyao In Mou With Ban Loong To Set Up JV On Cannabis
26/04/2021 04:53
April 26 (Reuters) - Yunnan Baiyao Group Co Ltd 000538.SZ :
* SAYS IT SIGNS MOU WITH BAN LOONG HOLDINGS LTD 0030.HK TO
SET
UP JV ON CANNABIS RELATED BUSINESS
* SAYS BAN LOONG WILL OWN AT LEAT 51% STAKE IN THE JV WHILE
IT
WILL HOLD UP TO 49% STAKE
Source text in Chinese: https://bit.ly/3xoUFaA
Further company coverage: 000538.SZ
(Reporting by Hong Kong newsroom)
((meg.shen@thomsonreuters.com; 852-39525805;))
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