Brief: Life Healthcare Group Says Unit Entered Into JV Agreement With Shanghai Yongye E-Commerce & Beijing Yiyunli Technology

King International Investment

23/12/2021 14:45

Dec 23 (Reuters) - 
    * UNIT ENTERED INTO JOINT VENTURE AGREEMENT WITH SHANGHAI
YONGYE
E-COMMERCE & BEIJING YIYUNLI TECHNOLOGY
    * AGREEMENT TO ESTABLISH JV FOR DEVELOPMENT OF INTERNET
MEDICAL
TECHNOLOGY, PHYSIOTHERAPY CHAIN MANAGEMENT, AMONG OTHERS
    * REGISTERED CAPITAL OF JV CO WILL BE RMB120 MILLION
    * JV CO WILL BE OWNED AS TO 25% BY UNIT UPON ITS
ESTABLISHMENT
    * UNIT WILL CONTRIBUTE RMB30 MILLION TOWARDS REGISTERED
CAPITAL OF
JV CO

Source text for Eikon:  ID:nHKS3KTclV 
Further company coverage:  0928.HK 

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