March 28, 2017 / 4:01 AM / 4 months ago

BRIEF-Shenzhen Sunwin Intelligent to set up JV with partners for parking lot project

1 Min Read

March 28 (Reuters) - Shenzhen Sunwin Intelligent Co Ltd :

* Says it plans to invest 42.5 million yuan to set up a parking lot construction investment management JV as project company in Hunan, with partners

* JV will be capitalized at 50 million yuan and co will hold a 85 percent stake in it

* Says co plans to pay cash div 0.3 yuan per 10 shares for FY 2016

Source text in Chinese: goo.gl/HjjDRr

Further company coverage: (Beijing Headline News)

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