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Dongwu Cement International Ltd announces formation of joint venture company


Thursday, 9 Jan 2014 07:54am EST 

Dongwu Cement International Ltd:Says a subsidiary Suzhou Dongwu and Hengtong Group enters into the Cooperation Agreement, pursuant to which the parties agreed to establish the joint venture company with a registered capital of 150,000,000 Yuan.Upon completion of the cooperation agreement, the joint venture company will be owned as to 50 pct and 50 pct by the company (through Suzhou Dongwu) and Hengtong Group respectively.The term of operation of the joint venture company will be 10 years. 

Company Quote

1.29
-0.03 -2.27%
19 Aug 2014