BRIEF-Yongnam Announces JV Deal Between Yongnam Engineering & Construction And Turbo Vision
July 6 (Reuters) - Yongnam Holdings Ltd:
* ENTRY INTO JOINT VENTURE AGREEMENT BETWEEN YONGNAM ENGINEERING & CONSTRUCTION (PRIVATE) LIMITED AND TURBO VISION PTE. LTD
* UNDER JVA, PARTIES INTEND TO ESTABLISH JOINT VENTURE ENTITY TO BE INCORPORATED IN SINGAPORE TO CARRY OUT BUSINESS
* INITIAL PAID-UP CAPITAL OF JV ENTITY WILL BE S$10 MILLION
* TURBO VISION PTE. TO HAVE 70% STAKE IN JV Source text for Eikon: Further company coverage: