China Everbright Water (HKG:1857, SGX:U9E) entered into a JV agreement with Everbright Environment, Everbright Equipment, Everbright Greentech, Everbright Environmental Protection and Everbright Envirotech for the formation of a JV company.
The JV company will have a registered capital of around 50 million yuan, with the company holding a 10% stake, according to a filing with the Singapore Exchange on Wednesday.
The JV company will be engaged in the business of technological services, technological development, technological consultation, technological exchanges, technological transfer and technological promotion.
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