Brief: Yunnan Water Investment Enters Into Agreement With Qianjiang Biochemical, Haining Water Investment

Yunnan Water Investment

15/01/2021 14:15

Jan 15 (Reuters) - Yunnan Water Investment Company Ltd
 6839.HK :
    * ENTERED INTO FRAMEWORK AGREEMENT WITH QIANJIANG
BIOCHEMICAL AND
HAINING WATER INVESTMENT GROUP
    * QIANJIANG BIOCHEMICAL WILL BUY UNDERLYING ASSETS BY ISSUE
OF
SHARES TO HAINING WATER INVESTMENT GROUP AND CO
    * UPON COMPLETION, QIANJIANG BIOCHEMICAL WILL HOLD 100% IN
ZHEJIANG HAIYUN ENVIRONMENTAL PROTECTION, 40% IN CAPITAL WATER
    * UPON COMPLETION, QIANJIANG BIOCHEMICAL TO HOLD 40% EQUITY
IN
BOTH, SHIKANG WATER AND EQUITY IN LVDONG HAIYUN
    * QIANJIANG BIOCHEMICAL SHALL SETTLE TRANSACTION
CONSIDERATION BY
ISSUE OF SHARES

Source text for Eikon:  ID:nHKS82MhnL 
Further company coverage:  6839.HK 

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