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BRIEF-Infinity Financial clarifies on announcement regarding formation of joint venture
October 13, 2016 / 10:01 AM / a year ago

BRIEF-Infinity Financial clarifies on announcement regarding formation of joint venture

Oct 13 (Reuters) - Infinity Financial Group Holdings Ltd :

* Clarification on announcement in relation to formation of joint venture

* upon formation of jv, joint venture will be held as to 49% by professional leasing and 51% by shenzhen hebao finance

* “joint venture will not become a subsidiary of company”

* “financial results of joint venture will not be consolidated into financial statements of group” Source text for Eikon: Further company coverage:

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