December 27, 2017 / 1:25 AM / 6 months ago

BRIEF-Fullshare Updates MOU In Relation To Proposed Strategic Cooperation

Dec 27 (Reuters) - Fullshare Holdings Ltd:

* ‍ENTERED MOU WITH SHANGHAI JOYU CULTURE COMMUNICATION, NINGBO ZHONGBANG CHANRONG HOLDINGS AND NINGBO ZHONGXIN WANBANG ASSET MANAGEMENT

* ‍ZHONGBANG CHANRONG INTENDS TO ENTER AGREEMENT TO ESTABLISH EQUITY INVESTMENT FUND IN THE PRC NOT EXCEEDING RMB2.633 BILLION​

* ‍AGREED CO WILL BUY INTEREST IN FUND FROM ZHONGBANG CHANRONG & FUND PARTNER BY FORWARD PURCHASE BEFORE EXPIRY DATE OF TERM OF FUND​ Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below