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BRIEF-Luk Hing Entertainment says unit entered into MoU
December 12, 2016 / 10:09 AM / a year ago

BRIEF-Luk Hing Entertainment says unit entered into MoU

Dec 12 (Reuters) - Luk Hing Entertainment Group Holdings Ltd :

* Pursuant to MOU, Luk Hing China and Zhuhai Wei Chong proposed to form a joint venture company in the prc

* Registered capital of the jv company shall be rmb30 million

* Parties agreed, jv co shall be held as to 15% by Luk Hing China, 30% by Zhuhai Wei Chong and 55% by other potential investors

* Luk Hing China entered into a non-legally binding memorandum of understanding with Zhuhai Wei Chong and its controlling shareholder Source text for Eikon: Further company coverage:

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