Brief: Zhengye International announces termination of project investment
30/06/2016 12:40
June 30 (Reuters) - Zhengye International Holdings Co Ltd 3363.HK : * Agreement for termination of project investment 3363.HK * Says agreement for termination was signed on 30 June 2016 * "Group will not build the new paper-making plant and facilities in songzi city, Hubei province, China" * Expenses related to construction of plant of RMB8.3 million paid by group have been treated as one-off expenses for current year * Agreement for termination will not have any material adverse impact on the working capital of the group * Source text for Eikon ID:nHKS7xcq7S ((For more news, please click here 3363.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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