March 9, 2017 / 8:05 AM / 5 months ago

BRIEF-Shandong Denghai Seeds to jointly set up seeds companies

March 9 (Reuters) - Shandong Denghai Seeds Co Ltd :

* Says it will use 2.8 million yuan to jointly set up a seeds company with registered capital of 5 million yuan with two individuals and will hold 56 percent stake in the new company

* Says it will use 7.7 million yuan to jointly set up a seeds company with registered capital of 15 million yuan with another seeds company and will hold 51 percent stake in the new company

* Says it will use 7.7 million yuan to jointly set up a seeds company with registered capital of 15 million yuan with another seeds company and will hold 51 percent stake in the new company

* Says it will set up three companies in total

Source text in Chinese: goo.gl/TIkMrn; goo.gl/8YW6NB; goo.gl/TZR30F

Further company coverage: (Beijing Headline News)

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