Brief: Mavshack Forms New Production Unit In Philippines
Oct 1 (Reuters) - Mavshack AB (publ) MAV.ST: FORMS NEW PRODUCTION COMPANY IN THE PHILIPPINES WITH RIGHTSLEDGER NEW VENTURE, MAVSHACK MILIO PRODUCTIONS INC., WILL BE MAJORITY CONTROLLED BY CO (60%) WILL ALLOCATE INITIAL BUDGET OF $1.3 MILLION FOR UNIT'S FIRST YEAR Source text: ID:nBQNbzqC4S Further company coverage: MAV.ST (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600))