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BRIEF-Best Pacific International says unit establishes RMB2 bln JV with independent third parties
December 22, 2016 / 10:56 AM / a year ago

BRIEF-Best Pacific International says unit establishes RMB2 bln JV with independent third parties

Dec 22 (Reuters) - Best Pacific International Holdings Ltd

* Unit Dongguan BPT and JV partners entered into JV agreement

* Registered capital of joint venture shall be RMB2 billion

* Dongguan BPT to make a capital contribution of RMB140.5 million in return for approximately 7.022% equity interest in JV

* Agreement in relation to formation of JV to engage in insurance business and related financial activities in PRC Source text for Eikon: Further company coverage: (Bengaluru Newsroom; +1 646 223 8780; )

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