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672 - Zhong An News Story

HK$0.395 -0.0  -1.3%

Last Trade - 14/05/21

Sector
Financials
Size
Small Cap
Market Cap £201.0m
Enterprise Value £1.66bn
Revenue £820.8m
Position in Universe 2208th / 6102

BRIEF-Zhong An Group Announces Acquisition Of Equity Interest And Formation Of JV

Wed 12th August, 2020 4:05pm
Aug 12 (Reuters) - Zhong An Group Ltd  0672.HK :
    * ZHONG AN GROUP CO & TAIZHOU HUANGYAN YIBANG TRAVEL
DEVELOPMENT
REGISTERED CAPITAL OF SHANGHAI MINGJI YUXING ENTERPRISE
MANAGEMENT
    * TOTAL CAPITAL COMMITMENT OF ZHONG AN GROUP CO FOR JV CO IS
EXPECTED TO BE NOT MORE THAN RMB331.2 MILLION
    * SHANGHAI MINGJI YUXING ENTERPRISE MANAGEMENT WILL BE 40%
OWNED
BY ZHONG AN GROUP CO, 30% BY TAIZHOU HUANGYAN YIBANG TRAVEL
DEVELOPMENT
    * ZHONG AN GROUP CO, TAIZHOU HUANGYAN YIBANG TRAVEL
DEVELOPMENT
CO, MING-TAI INVESTMENT DEVELOPMENT GROUP CO WILL FORM JV
    * JOINT VENTURE FOR PROPERTY DEVELOPMENT PROJECT ON A LAND
PARCEL
IN XIANGTAN CITY

Source text for Eikon:  ID:nHKS3kwgt1 
Further company coverage:  0672.HK 

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