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BRIEF-Merry Electronics to jointly set up electronic JV worth 200 mln yuan in mainland
September 12, 2017 / 6:28 AM / 9 days ago

BRIEF-Merry Electronics to jointly set up electronic JV worth 200 mln yuan in mainland

Sept 12 (Reuters) - Merry Electronics Co Ltd :

* Says it plans to invest 98 million yuan to jointly set up a Dongguan-based electronic JV with a Dongguan-based precision industry company

* Says the JV will be capitalized at 200 million yuan and it will hold 49 percent stake in the JV

Source text in Chinese: goo.gl/RWqrne

Further company coverage: (Beijing Headline News)

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