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Brief: Huanxi Media Group says co,unit entered into agreement with Master China Films

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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