March 29, 2018 / 9:37 AM / 3 months ago

BRIEF-COSCO SHIPPING Technology to invest 15 mln yuan to set up marine communication navigation related JV

* Says it plans to invest 15 million yuan to set up a Shanghai-based marine communication navigation related JV with Japan-based Furuno Electric Co Ltd and Heisei Trading Co Ltd

* Says registered capital of the JV will be 30 million yuan

* Says it will hold 50 percent stake in the JV

Source text in Chinese: goo.gl/vDKXWe

Further company coverage: (Beijing Headline News)

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