Brief: Meta Media Says Units, Co, Beijing Baidu Biwei Enterprise Management Center & Zhuhai Yuanbang Technology Entered Into Investment Deal

Meta Media Holdings

26/04/2022 15:21

April 26 (Reuters) - Meta Media Holdings Ltd  0072.HK :
    * UNITS,  CO, BEIJING BAIDU BIWEI ENTERPRISE MANAGEMENT
CENTER &
ZHUHAI YUANBANG TECHNOLOGY ENTERED INTO INVESTMENT DEAL
    * BEIJING BAIDU BIWEI ENTERPRISE MANAGEMENT CENTER HAS
AGREED TO
ACQUIRE 40% OF REGISTERED CAPITAL OF ZHUHAI YUANBANG TECHNOLOGY
    * GUANGZHOU MODERN HAS AGREED TO ACQUIRE 60% OF REGISTERED
CAPITAL
OF ZHUHAI YUANBANG TECHNOLOGY
    * UNITS, CO,  BEIJING BAIDU BIWEI ENTERPRISE MANAGEMENT
CENTER, 
ZHUHAI YUANBANG TECHNOLOGY ENTERED INTO SHAREHOLDERS' AGREEMENT
    * UNDER DEAL, UNIT TO PAY RMB6 MILLION AND JV PARTNER AGREED
TO
PAY RMB4 MILLION TO REGISTERED CAPITAL OF JV COMPANY

Source text for Eikon:  ID:nHKS2D0HPp 
Further company coverage:  0072.HK 

 ((Reuters.Briefs@thomsonreuters.com;))