Brief: Activation Group Says Co Entered MoU With Shanghai Innovital Capital Investment Management Co.
27/07/2020 12:40
July 27 (Reuters) - Activation Group Holdings Ltd 9919.HK :
* ENTERED MOU WITH SHANGHAI INNOVITAL CAPITAL INVESTMENT
MANAGEMENT CO.
* MOU FOR POSSIBLE STRATEGIC CO-OPERATION FOR SETTING UP
INDUSTRY
FUND
* TOTAL INVESTMENT AMOUNT OF FUND IS RMB1,002 MILLION OF
WHICH
RMB201 MILLION WILL BE INVESTED BY CO
* TERM OF OPERATION OF FUND IS TENTATIVELY EIGHT YEARS FROM
ESTABLISHMENT OF FUND
Source text for Eikon: ID:nHKS1g0Lnb
Further company coverage: 9919.HK
((Reuters.Briefs@thomsonreuters.com;))
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