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Provider: Reuters Investment Profile
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Provider: Reuters Investment Profile
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Shandong Chenming Paper to set up new companies


Friday, 21 Mar 2014 08:00pm EDT 

Shandong Chenming Paper Holdings Ltd:To set up a joint venture in Qingdao, which will be engaged in international logistics business, with a Hong Kong-based subsidiary.Joint venture with registration capital of 10 million yuan.Company and subsidiary to hold 70 pct stake and 30 pct stake in JV respectively.Hong Kong-based subsidiary to set up wholly owned sub-subsidiary in Shandong, which will be engaged in investment business, with registration capital of 200 million yuan. 

Company Quote

10.55
0.27 +2.63%
22 May 2015