June 2 (Reuters) - Huanxi Media Group Ltd 1003.HK :
* On June 1, co and one of its indirect wholly- owned subsidiaries entered into
agreement with Master China Films Limited
* Company has conditionally agreed to allot and issue 100 million shares to
Master China Films
* Group will contribute amount equivalent to between RMB20 million to RMB25 million for development of each episode of Wong'S productions
* Source text for Eikon ID:nHKS6ytKgB
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