Brief: China New Town Development enters into MoU with MGM Resorts International

China New Town Development

07/08/2017 14:39

Aug 7 (Reuters) - China New Town Development Co Ltd 
 1278.HK  
    * Company has entered into a memorandum of understanding 
with MGM Resorts International 
    * Company intends to subscribe for $200 million in fund, and 
MGM intends to subscribe for $100 million in fund  
 
Source text for Eikon:  ID:nHKS3vbmzj  
Further company coverage:  1278.HK  
 
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