Brief: Zhejiang United Investment Announces To Establish JV Company

Zhejiang United Investment Holdings

15/04/2019 16:10

April 15 (Reuters) - Zhejiang United Investment Holdings
Group Ltd  8366.HK :
    * COMPANY AND JV PARTNER AGREED TO ESTABLISH JV COMPANY
    * TOTAL REGISTERED CAPITAL OF JV COMPANY WILL BE HK$20
MILLION
    * PARTIES TO  ESTABLISH JV CO FOR CONSTRUCTION OF 5G NETWORK
BASE
STATIONS AND EQUIPMENT PLANTS, AMONG OTHERS
    * CO TO CONTRIBUTE HK$10.2 MILLION IN JV AND HOLD 51 PERCENT
OF JV
CO

Source text for Eikon:  ID:nHKS8RYLzk 
Further company coverage:  8366.HK 

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