Brief: Qingdao Holdings International Updates On Formation Of A Joint Venture Company

Qingdao Holdings International

15/11/2019 10:31

Nov 15 (Reuters) - Qingdao Holdings International Ltd
 0499.HK :
    * QINGDAO (HK) ENTERED INTO AGREEMENT WITH CHINA NUCLEAR
INDUSTRY
AND CHINA HUADONG IN RELATION TO FORMATION OF JV CO
    * REGISTERED CAPITAL OF JVC IS RMB100 MILLION AND WILL BE
CONTRIBUTED BY PARTIES IN CASH
    * JV CO WILL BE OWNED AS TO 51% BY QINGDAO (HK), 30% BY
CHINA
NUCLEAR INDUSTRY AND 19% BY CHINA HUADONG RESPECTIVELY

Source text for Eikon:  ID:nHKS45B7mS 
Further company coverage:  0499.HK 

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