BRIEF-Shui On Land Announces Formation Of Joint Venture

Reuters
19 Jun
BRIEF-Shui On Land Announces Formation Of Joint Venture

June 19 (Reuters) - Shui On Land Ltd 0272.HK:

  • FORMATION OF JOINT VENTURE

  • SHANGHAI RUIXINLI TO OWN 30% OF JV COMPANY

  • SHANGHAI RUIXINLI TO CONTRIBUTE RMB3 MILLION TO JV COMPANY

  • LAND VALUATION ABOUT RMB19.443 BILLION

Further company coverage: 0272.HK

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

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