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2007-2-14 12:01:00 p.m. HKT, XFNA
Hong Kong-listed Kingway Brewery says Foshan plant to start production in 2008
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HONG KONG (XFN-ASIA) - Kingway Brewery Holdings Ltd said its 400 mln yuan
brewery in Foshan City, Guangdong province will start commercial production
in early 2008.
The company, which first announced the project in November, said it has
set up a new company named Kingway Brewery (Foshan) Co Ltd to build and
operate the new plant.
The plant will have production capacity of 200,000 tons per annum.
Kingway said it has so far awarded contracts worth 137.4 mln yuan for the
brewery's construction.
At 11.58 am, Kingway was up 0.09 hkd or 2.41 pct at 3.82.
leonora.walet@xfn.com
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