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BRIEF-Xinjiang Tianrun Dairy to invest 42 mln yuan to set up dairy-farming JV with partner
March 27, 2017 / 11:25 AM / 8 months ago

BRIEF-Xinjiang Tianrun Dairy to invest 42 mln yuan to set up dairy-farming JV with partner

March 27 (Reuters) - Xinjiang Tianrun Dairy Co Ltd :

* Says it will invest 42 million yuan to set up a dairy-farming JV in Xinjiang with partner

* Says the JV will be capitalized at 60 million yuan and engaged in cow breeding and milk business

* Says it will hold 70 percent stake in the JV after transaction

Source text in Chinese: goo.gl/tzn1kM

Further company coverage: (Beijing Headline News)

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