April 28, 2020 / 1:02 PM / a month ago

BRIEF-Zhejiang United Investment Updates On Deal Entered Between Co And Arima Communications Corp

April 28 (Reuters) - Zhejiang United Investment Holdings Group Ltd:

* COOPERATION DEAL ENTERED BETWEEN CO AND ARIMA COMMUNICATIONS CORPORATION IN PREVIOUS YEAR IS PROGRESSING SMOOTHLY

* JOINT VENTURE PROJECT IS AFFECTED BY PREVAILING EPIDEMIC AND DID NOT PROGRESS AS SCHEDULED

* SAVE AS DISCLOSED, NOT AWARE OF ANY REASONS FOR THOSE PRICE AND TRADING VOLUME MOVEMENTS Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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