July 10, 2017 / 6:32 AM / a month ago

BRIEF-China Media Group plans industrial fund investment management JV with partner

July 10 (Reuters) - China Media Group :

* Says it plans to set up an industrial fund investment management JV with co's controlling shareholder, Guoguang Global Assets Management Co Ltd

* Says new JV will be capitalized at 30 million yuan and co will own 45 percent stake in it

Source text in Chinese: goo.gl/x1Xzjo

Further company coverage: (Beijing Headline News)

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