Brief: Beijing Media Corp updates on acquisition of 20% equity interest in BIAC
01/12/2016 09:27
Dec 1 (Reuters) - Beijing Media Corp 1000.HK :
* company and cultural investment group entered into equity
transfer contract
* disclosable transaction acquisition of 20% equity interest
in biac
* Deal for cash consideration of rmb33,118.94 thousand
* Upon completion of equity transfer, company will hold 20%
equity interest in biac
Source text (http://bit.ly/2gBMtMs)
Further company coverage: 1000.HK
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