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BRIEF-Xiabuxiabu Catering Management China Says Unit, Qingdao Richen Food To Form JV Co

05/09/2021 21:30
BRIEF-Xiabuxiabu Catering Management China Says Unit, Qingdao Richen Food To Form JV Co

- Xiabuxiabu Catering Management (China) Holdings Co Ltd 0520.HK:

  • UNIT ENTERED COOPERATION AGREEMENT WITH QINGDAO RICHEN FOOD

  • AGREEMENT TO ESTABLISH JV CO IN TIANJIN CITY

  • JV CO WILL BE OWNED 50% BY XIABU CHINA AND 50% BY QINGDAO RICHEN

  • FIRST INSTALMENT OF REGISTERED CAPITAL OF JV COMPANY SHALL BE RMB98 MILLION

Source text for Eikon: ID:nHKS49DSK7

Further company coverage: 0520.HK


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