Brief: A8 New Media, Through Unit And Other Parties, Intends To Establish Qingsong Fund IV

A8 New Media

21/01/2020 10:19

Jan 21 (Reuters) - A8 New Media Group Ltd  0800.HK :
    * CO, THROUGH UNIT, QIANHAI QINGSONG AND THREE OTHER
INVESTORS
INTEND TO ESTABLISH QINGSONG FUND IV
    * CO TO INVEST RMB10 MILLION TO SUBSCRIBE FOR ABOUT
11.111111%
INTEREST IN QINGSONG FUND IV
    * FUND FOR PURPOSE OF MAKING EQUITY INVESTMENTS FOCUSING ON
NEW
INDUSTRIES SUCH AS NEW TECHNOLOGY AND APPLICATION & NEW
CONSUMPTION MODELS

Source text for Eikon:  ID:nHKS98vGFj 
Further company coverage:  0800.HK 

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