November 29, 2016 / 6:55 AM / a year ago

BRIEF-Chuying Agro-pastoral Group unit plans tour cultural JV

Nov 29 (Reuters) - Chuying Agro-pastoral Group Co., Ltd. :

* Says its controlling unit will invest 45 million yuan to set up tour cultural JV with partners

* Says the JV to be capitalized at 100 million yuan and the unit to hold 45 percent stake in it

* Says the co to use no less than 90 million yuan to raise stake in restaurant investment firm to acquire 45 percent stake it

Source text in Chinese:goo.gl/MdeRVH; goo.gl/BZVwyI

Further company coverage: (Beijing Headline News)

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