June 20 (Reuters) - Geely Automobile Holdings Ltd 0175.HK:
CONSIDERATION VALUE OF EQUITY INTEREST IN JV COMPANY IS EUR1,742 MILLION
GEELY HOLDING, GA$(SGP.AU)$, RENAULT, AND JV CO ENTERED CONTRIBUTION AGREEMENT AND JOINT VENTURE AGREEMENT
UPON CLOSING, JV COMPANY WILL BE OWNED AS TO 73.57% BY RENAULT, 21.29% BY GA(SGP)
PRINCIPAL BUSINESS OF JV GROUP WILL BE TO PRODUCE AND DISTRIBUTE PASSENGER VEHICLES UNDER RENAULT BRAND AND GEELY BRANDS
Further company coverage: 0175.HK
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