June 19 (Reuters) - Shui On Land Ltd 0272.HK:
FORMATION OF JOINT VENTURE
SHANGHAI RUIXINLI TO OWN 30% OF JV COMPANY
SHANGHAI RUIXINLI TO CONTRIBUTE RMB3 MILLION TO JV COMPANY
LAND VALUATION ABOUT RMB19.443 BILLION
Further company coverage: 0272.HK
((Reuters.Briefs@thomsonreuters.com;))