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BRIEF-Yida China says Yida Development entered into investment framework agreement
April 27, 2017 / 3:09 PM / 3 months ago

BRIEF-Yida China says Yida Development entered into investment framework agreement

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April 27 (Reuters) - Yida China Holdings Ltd

* Yida Development, Meixi Lake Investment And Hunan Xiangjiang New District Management Committee entered into investment framework agreement

* Registered capital of JV platform company will be RMB400 million

* JV companies will be held as to 51% by yida development and 49% by meixi lake investment

* Yida Development And Meixi Lake Investment agreed to establish JV companies to develop project Source text (bit.ly/2qbSlno) Further company coverage:

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