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BRIEF-Beijing Media Corp says co and Chongqing Huilin entered into capital increase agreements
August 24, 2017 / 12:50 PM / a month ago

BRIEF-Beijing Media Corp says co and Chongqing Huilin entered into capital increase agreements

Aug 24 (Reuters) - Beijing Media Corp Ltd:

* Company and Chongqing Huilin entered into capital increase agreements with Beiqing Community Media

* Co to inject RMB20 million in cash and Chongqing Huilin agreed to inject RMB40 million in cash to Beiqing Community Media

* Upon completion of capital increase, co’s equity interest in Beiqing Community Media will be diluted from 54.37% to 52.661% Source text for Eikon: Further company coverage:

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