Brief: Beijing Media Corp says co and Chongqing Huilin entered into capital increase agreements
24/08/2017 12:43
Aug 24 (Reuters) - Beijing Media Corp Ltd 1000.HK :
* 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: ID:nHKS43WYZt
Further company coverage: 1000.HK
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