Brief: Fortunet E-commerce says Pointsea agrees to subscribe for shares in JV company

Changyou International

30/11/2016 24:13

Nov 30 (Reuters) - Fortunet E-commerce Group Ltd  1039.HK  : 
    * Pointsea Holdings, Extra Step and Joy Empire have 
conditionally agreed to subscribe for shares in JV company 
    * After completion of additional subscription, jv company 
will be held as to 50% by Pointsea Holdings and 50% by investors 
    * Subscription price payable by Pointsea Holdings shall be 
RMB100 million 
 
Source text for Eikon:  ID:nHKS4M98kJ  
Further company coverage:  1039.HK  
 
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