Brief: Shifang Holding Unit Enters JV Agreement with Huaping Electronics

Shifang Holding

19/03/2019 22:42

March 20 (Reuters) - Shifang Holding Ltd  1831.HK :
    * UNIT ENTERS DEAL WITH HUAPING ELECTRONICS TO JOINT
INVESTMENT IN
JV CO FOR PURPOSES OF ENGAGING IN DIGITAL MEDIA PROJECT IN CHINA
    * JV COMPANY TO HAVE REGISTERED CAPITAL OF RMB30 MILLION
    * 51% OF REGISTERED CAPITAL SHALL BE CONTRIBUTED BY XIAMEN
DUKE
AND 49% BY HUAPING ELECTRONICS

Source text for Eikon:  ID:nHKS9jfgZb 
Further company coverage:  1831.HK 

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