Brief: Xinhua Holdings unit to raise 43 pct stake in Activate Interactive Pte Ltd.

Beat Holdings

12/12/2016 08:54

Dec 12 (Reuters) - Xinhua Holdings Ltd   9399.T :  
     
     
    * Says its wholly owned mobile unit will buy 20 percent 
stake in Activate Interactive Pte Ltd at $1  
    * Says its unit also plans to buy 23 percent stake in 
Activate Interactive Pte Ltd at $1 before Dec. 12, 2017 
     
     
    Source text in Japanese:https://goo.gl/Ds3k5w 
    Further company coverage: 9399.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 10 62674724; 
Reuters Messaging: jun.cao.reuters.com@reuters.net))