Brief: Fortunet e-Commerce Group's unit enters into agreement with Easylink

Changyou International

31/08/2016 24:01

Aug 30 (Reuters) - Fortunet e-Commerce Group Ltd  1039.HK : 
 
 * Comm-discloseable transaction  1039.HK  
 * Says treasure ease, a non wholly-owned subsidiary of the company, entered into the agreement with Easylink 
 * Subscription price payable by treasure ease and Easylink for additional shares shall be RMB80 million and RMB20 million respectively 
 * Parties agreed to subscribe for shares in JV company and to cooperate in development of business of JV group 
 * Says treasure ease and easylink have conditionally agreed to subscribe for additional shares in the JV company 
 * Subscription price payable by treasure ease and Easylink for initial subscription shall be RMB80 and RMB20 respectively 
 
* Source text for Eikon  urn:newsml:reuters.com:*:nHKS82lTcK 
 
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