December 26, 2016 / 11:45 AM / a year ago

BRIEF-Songcheng Performance Development to raise stake in entertainment unit to 100 pct

Dec 26 (Reuters) - Songcheng Performance Development Co Ltd :

* Says it plans to buy 30 percent stake in its entertainment unit for 15 million yuan

* Says co will own 100 percent stake in the unit after the transaction

Source text in Chinese: goo.gl/a2f6CV

Further company coverage: (Beijing Headline News)

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