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KAMA CO LTD to Establish Joint Venture


Tuesday, 29 Oct 2013 08:00pm EDT 

Jingwei Textile Machinery Co Ltd announced that it has decided to establish a joint venture with China Hi-tech Group Corporation, CHTC Heavy Industry Co., Ltd., Kama Co., Ltd., SWAN Fiber Co. Ltd., China Textile Industrial Corporation for Foreign Economic and Technical Cooperation and a real estate company. The joint venture will be engaged in financial business, with a registration capital of RMB 500 million. The six entities will hold an 86% stake, a 4% stake, a 2% stake, a 2% stake, a 2% stake a 2% stake and a 2% stake in the joint venture respectively. 

Company Quote

0.535
0.0030 +0.56%
1:58am EST