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New Hope Group to Invest and Establish a Joint Venture in Cambodia

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  April 28, 2010, New Hope Group (000 876) declared that New Hope and Japan's Sojitz Corporation will jointly fund for the establishment of a corporation in Cambodia, which tentatively named New Hope Cambodia Ltd. The company has a registered capital of 600 million. And the total investment is 600 million, including about 100 million for the equipment investment. New hope Group invested 5.4 million U.S. dollars in cash, accounting for 90% of the registered capital.
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