BRIEF-China Vanguard says it signed a definitive joint venture agreement for establishment of JV

March 23 (Reuters) - China Vanguard Group Ltd-

* Signing Definitive Joint Venture Agreement

* A definitive joint venture agreement for establishment of

jv company was signed on 23 march 2017

* Parties shall totally invest hk$10 million as share

capital based on their respective equity interest in jv company

* Refers to announcement of co regarding a letter of intent

signed by unit

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