Brief: Asiaray Media Group Says Shanghai Asiaray Enters Concession Rights Agreement With Chengdu Airport Media
07/08/2020 16:14
Aug 7 (Reuters) - Asiaray Media Group Ltd 1993.HK :
* SHANGHAI ASIARAY ENTERED INTO CONCESSION RIGHTS AGREEMENT
WITH
CHENGDU AIRPORT MEDIA CO
* SHANGHAI ASIARAY WAS GRANTED RIGHTS TO USE AND OPERATE
ADVERTISING AND MEDIA RESOURCES OF CHENGDU INTERNATIONAL AIRPORT
* ENTERING OF CONCESSION RIGHTS AGREEMENT WILL REQUIRE GROUP
TO
RECOGNISE RIGHTS AS RIGHT-OF-USE ASSET IN WHICH AMOUNT WAS
RMB287.9 MILLION
Source text for Eikon: ID:nHKS2mKW0x
Further company coverage: 1993.HK
((Reuters.Briefs@thomsonreuters.com;))
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