Brief: Television Broadcasts announces formation of joint venture
26/07/2017 11:25
July 26 (Reuters) - Television Broadcasts Ltd 0511.HK
* Deal in relation to formation of a joint venture company,
ITT, on a 50:50 basis between TVB venture and Imagine
* TVB venture has contributed to capital of ITT in an amount
of US$33.3 million
* ITT issued promissory note in aggregate principal amount
of US$66.7 million to TVB venture
Source text (http://bit.ly/2tYmmVN)
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