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BRIEF-Leader Environmental Technologies Says Co's Unit To Take Indirect Stake Of 46.8% In Investments

05/12/2021 01:05
BRIEF-Leader Environmental Technologies Says Co's Unit To Take Indirect Stake Of 46.8% In Investments

- Leader Environmental Technologies Ltd LETL.SI:

  • ENTERED INTO A JOINT INVESTMENT AGREEMENT WITH LOCAL GOVERNMENT OF YISHUI COUNTY

  • CO'S UNIT TO TAKE INDIRECT STAKE OF 46.8% IN INVESTMENTS

  • LEADER ENVIRONMENTAL TECHNOLOGIES - INVESTMENT FOR ANIMAL MANURE, SLUDGE AND WASTEWATER TREATMENT PROJECTS IN COUNTY

  • TOTAL INVESTMENT AMOUNT IS EXPECTED TO BE ABOUT RMB 255 MILLION

  • WILL FORM A JV CO WITH JINAN KAIDA HUICHENG SHUI WU AND QINGDAO HEXIN HUANJING

Source text for Eikon: ID:nSNZZJS9R

Further company coverage: LETL.SI