BRIEF-China Water Affairs Group's Tender For Water Supply Project Was Accepted

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Dec 10 (Reuters) - China Water Affairs Group Ltd:

* CO'S TENDER FOR WATER SUPPLY PROJECT FOR DIANJIANG COUNTY & HUANGSHA TOWN PROPOSED BY DIANJIANG WATER WAS ACCEPTED

* PROPOSED THAT UNIT ENTER INTO COOPERATION AGREEMENT AND SET UP A JOINT VENTURE COMPANY TO CARRY OUT PROJECT

* UNIT TO CONTRIBUTE RMB110 MILLION TO CAPITAL OF JV & HOLD 44% WHILE INVESTOR WILL CONTRIBUTE RMB140 MILLION & HOLD 56% STAKE Source text for Eikon: Further company coverage:

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