January 25, 2018 / 7:42 AM / 6 months ago

BRIEF-Shenzhen Overseas Chinese Town says unit and investment firm to set up project company

Jan 25 (Reuters) - Shenzhen Overseas Chinese Town Co Ltd :

* Says its property unit plans to set up a JV as project company, jointly with a Shenzhen-based investment firm

* JV will be capitalized at 100 million yuan and co’s unit will own a 60 percent stake

* Says new project company will obtain development and operation rights of a Shenzhen-based property project

Source text in Chinese: goo.gl/9gKKNo

Further company coverage: (Beijing Headline News)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below