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Provider: Thomson Reuters Stock Report
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Provider: Thomson Reuters Stock Report
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Provider: Reuters Investment Profile
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Provider: Reuters Investment Profile
$20.00

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First Tractor Co Ltd Signs LOI for Cooperation


Thursday, 15 Nov 2012 07:00pm EST 

First Tractor Co Ltd announced that it has signed a letter of intent with a Sichuan-based tractor manufacturing company (Company A), to set up a joint venture in Chengdu, Sichuan. The Company and Company A will respectively invest RMB 10 million and RMB 40 million, to respectively hold a 20% and an 80% stake. The joint venture will be engaged in the production and sale of wheeled tractors. 

Company Quote

5.79
-0.03 -0.52%
31 Jul 2014