Wednesday, May 28, 2014

BRIEF-Jiangsu Yueda Investment plans energy JV with Inner Mongolia Ximeng Group

May 28 (Reuters) - Jiangsu Yueda Investment Co Ltd

* Says plans to boost new materials unit's registered capital by 430 million yuan ($68.82 million)

* Says plans to set up energy JV with Inner Mongolia Ximeng Group by merging its coal unit worth 360.3 million yuan

Source text in Chinese: link.reuters.com/qap69v; link.reuters.com/rap69v

Further company coverage: ($1 = 6.2486 Chinese Yuan) (Reporting by Hong Kong newsroom)

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