BRIEF-IDG Energy Investment Says Entered JV Agreement To Form Shanghai Jusda Energy Co

Reuters

September 25, 2018 at 6:57 AM

Sept 25 (Reuters) - IDG Energy Investment Ltd:

* CO ENTERS JV AGREEMENT WITH JUSDA SUPPLY CHAIN MANAGEMENT INTERNATIONAL CO AND MANAGEMENT TEAM TO FORM SHANGHAI JUSDA ENERGY CO

* REGISTERED CAPITAL OF JV WILL BE RMB200 MILLION

* CO AND MANAGEMENT TO CONTRIBUTE RMB78 MILLION AND RMB20 MILLION RESPECTIVELY TOWARDS JV

* TOTAL INVESTMENT IN JV WILL BE UP TO RMB500 MILLION Source text for Eikon: Further company coverage:

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BRIEF-IDG Energy Investment Says Entered JV Agreement To Form Shanghai Jusda Energy Co

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