February 28, 2017 / 1:46 PM / in 8 months

BRIEF-China Vanguard Group updates on joint venture agreement

Feb 28 (Reuters) - China Vanguard Group Ltd:

* A definitive joint venture agreement for establishment of jv company was signed

* Parties shall totally invest RMB 10 million as registered capital based on their respective equity interest in jv company

* Group, Sinopharm Ecommerce, Iqark & United Enterprises jv co will hold 51%, 5%, 30%, & 14% of equity interest in jv co respectively Source text for Eikon: Further company coverage:

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