Brief: Wuling Motors Holdings Announces JV Agreement With Faurecia (China)
24/10/2018 16:07
Oct 24 (Reuters) - Wuling Motors Holdings Ltd 0305.HK :
* ENTERED INTO JV AGREEMENT WITH FAURECIA (CHINA)
* TOTAL REGISTERED CAPITAL OF JV COMPANY IS RMB120 MILLION
WHICH
SHALL BE CONTRIBUTED AS TO RMB60 MILLION BY EACH PARTIES
* ACCORDING TO TERM OF JV AGREEMENT, WULING INDUSTRIAL TO
SELL AND
JV COMPANY SHALL PURCHASE CERTAIN ASSETS
Source text for Eikon: urn:newsml:reuters.com:*:nHKS6BBgTp
Further company coverage: 0305.HK
((Reuters.Briefs@thomsonreuters.com;))
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